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FSMA Warns of Fraudulent Trading Platform BitKeltTrade and Fake News Sites
The Belgian FSMA has issued a warning regarding fake news websites that impersonate established media outlets to promote the fraudulent trading platform BitKeltTrade.
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The Financial Services and Markets Authority (FSMA) of Belgium has issued a public warning concerning deceptive news websites that hijack the identities of reputable media outlets to promote fraudulent trading schemes. According to the regulator, scammers are replicating the branding and names of well-known Belgian and international publications—including Le Soir, La Libre, HLN, and Euronews—to fabricate legitimacy for illicit investment services.
The fraudulent articles are disguised promotional advertisements designed to persuade readers to submit their contact details, after which they are contacted directly by operators of unauthorized trading platforms. To deceive consumers, the scammers falsely attribute endorsements and investment success stories to Belgian celebrities, politicians, and economic figures. These fake reports frequently detail fabricated on-air clashes or televised interviews where participants supposedly disclose secret investment strategies.
To increase credibility, the fraudsters employ deepfake photos and manipulated video clips. They also provide false assurances by alleging that their trading platforms comply with Belgian financial regulations and hold authorization from the FSMA or the National Bank of Belgium.
The FSMA specifically identified the fraudulent trading platform BitKeltTrade, operating via the website https://www.bitkelttrade.com.
In addition, the regulator flagged several fraudulent information websites used to divert internet users to the BitKeltTrade scheme:
- https://glowrift.ink
- https://mizinlolom.cyou
- https://mofnvexa.cyou
- https://radolovbelogor.click
- https://vworlix.cyou
- https://yogrvexa.cyou
The FSMA reminds investors that the inclusion of well-known media logos or public figures offers no proof of reliability. Consumers are strongly advised to verify whether a financial service provider is duly authorized before investing and to remain cautious of any offers promising unrealistic financial returns.