BaFin, Germany’s Federal Financial Supervisory Authority, has issued a formal warning against the website euramcoassets.ltd, which it suspects of offering cryptocurrency asset services without proper regulatory authorisation. The alert, issued on October 15, 2026, highlights identity fraud in which the website’s operators falsely claim affiliation with EURAMCO Gruppe, a legitimate company based in Aschheim, Germany.
- Website under investigation: euramcoassets.ltd
- Regulatory basis: Section 10 (7) of the German Cryptomarkets Supervision Act (KMAG)
- Warning date: October 15, 2026
- Fraudulent claim: False connection to EURAMCO Gruppe
EURAMCO Gruppe has explicitly denied any connection to the fraudulent website or its services. The company confirmed it has no affiliation whatsoever with euramcoassets.ltd, underscoring the serious nature of the identity theft targeting its brand reputation.
BaFin coordinated this warning alongside Germany’s Federal Criminal Police Office (BKA) and state-level criminal police authorities to protect consumers from internet-based financial fraud. The regulator advised investors to exercise extreme caution when considering online investments and to conduct thorough research before committing funds. BaFin maintains a dedicated section on its website listing current warnings about unauthorised financial services providers and guidance on identifying fraudulent schemes.
Consumers who suspect fraud or have encountered suspicious activity related to euramcoassets.ltd are encouraged to report incidents to BaFin or local law enforcement. The warning reflects heightened regulatory scrutiny of unregistered cryptocurrency platforms operating in German jurisdiction.
