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Austria: Armin Wolf defends itself against speculative Bitcoin scheme

On Twitter and Facebook be a dubious company for binary options on Bitcoin. Alleged Investor: Armin Wolf. Now, the ORF has reported a Journalist to word. David

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Austria: Armin Wolf defends itself against speculative Bitcoin scheme

On Twitter and Facebook be a dubious company for binary options on Bitcoin. Alleged Investor: Armin Wolf. Now, the ORF has reported a Journalist to word.

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30. August 2019BTC$9.641,05 1.96%part Facebook Twitter LinkedIn xing mail

The mesh is not new: Fraudulent projects in the Bitcoin Space to advertise on Social Media platforms like Facebook or Twitter with the likeness of famous personalities, to suggest seriousness. Often, the particular celebrities know appearances, advertising anything from her. Now, the ORF Journalist Armin Wolf has been the victim of such a campaign – he is said to have a binary options with Bitcoin advertised.

"Armin Wolf talks about his recent secret investment that makes hundreds of people in Austria and the reich", subtitled ads found for quite some time in many places. What is striking to the experienced Internet user because of the Scam-typical presentation as a fraud scheme to the eye, is a lucrative Scam. A lot of idea to fall loosely on exploitative systems such as this.

Now has discovered Armin Wolf on Twitter to word and dissociates itself from the Fake-plant tip that will be disseminated in his name.

He could make it as a Journalist, public broadcasting advertisement, it will continue.

Binary options: Discredited and banned

With the Wolf as an alleged Investor, the fraudsters advertise for so-called binary options. It is financial derivatives that are similarly assigned to the value of the Futures the futures. Binary options are a highly speculative investment transactions in which investors on rising or falling rate developments can bet are.

The risk of it: Miscalculated the investor, is the entire use. It is the principle of Cash or nothing is similar to a bet. Due to the speculative nature of the BaFin has been working since the end of 2018, a ban on derivatives for private investors. It follows on the heels of the Directive of the European securities and Market regulator, which had prohibited the distribution to retail investors already.

Especially in the case of volatile investments such as Bitcoin & co. reliably exploitable rate to make forecasts all the more difficult. Companies that offer binary options, are due to the unclear regulatory Status in foreign countries. The business structures are dubious and opaque; even if investors are able to make correct predictions, do not pay the company the amounts paid frequently. It is the total loss of the capital invested.

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