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FSMA Warns Against BitKeltTrade and Fake News Articles Promoting Scam Trading Platforms

Belgium's Financial Services and Markets Authority (FSMA) has issued an urgent warning against fraudulent trading platform BitKeltTrade and a network of fake news websites designed to deceive investors.

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The Financial Services and Markets Authority (FSMA) of Belgium has issued a public warning regarding a surge in fake news websites that impersonate reputable Belgian and international media outlets to promote fraudulent trading platforms. These deceptive portals mimic well-known news sources—such as HLN, Le Soir, La Libre, and Euronews—to give their fraudulent investment schemes an appearance of legitimacy. According to the FSMA, the fraudulent articles act as disguised advertisements designed solely to convince readers to submit their contact details via online forms. Once individuals provide their information, they are contacted directly by representatives of unauthorized trading platforms. To heighten credibility, scammers fabricate statements and falsely claim that Belgian public figures, politicians, or business leaders have grown rich using these automated trading systems. The bogus articles frequently describe sensationalized, fictional clashes on popular television talk shows where guests supposedly reveal a secret trading platform. The fraudsters also falsely assure prospective investors that these trading platforms comply with Belgian financial regulations and hold licenses from the FSMA or the National Bank of Belgium (NBB). To reinforce the deception, the sites feature altered images and fabricated video stills. In its alert, the FSMA explicitly identified the fraudulent trading platform BitKeltTrade, operating via the website https://www.bitkelttrade.com. Additionally, the regulator listed multiple fake news websites used to funnel victims directly to BitKeltTrade, including: - https://glowrift.ink - https://mizinlolom.cyou - https://mofnvexa.cyou - https://radolovbelogor.click - https://vworlix.cyou - https://yogrvexa.cyou The FSMA reminds consumers that the unauthorized use of a well-known media logo or a celebrity endorsement is never a guarantee of reliability. Investors are strongly urged to verify whether a financial service provider is properly authorized before transferring funds and to remain extremely cautious of any investment promising quick or unrealistic profits.