BitradeX has received a securities fraud warning from the Alberta Securities Commission (ASC).

As per ASC’s April 16th BitradeX warning;

BitradeX, and its associated website bitradex.ai, is not registered to trade in or advise on securities or derivatives in Alberta.

It is recommended that investors should not deal or engage with firms that are not registered as there is no assurance of any investor protections.

Offering unregistered securities in Alberta violates provincial financial law and is illegal (securities fraud).

BitradeX is a Chinese MLM crypto Ponzi fronted by well-known French footballer, Olivier Giroud:

Giroud announced he’d signed on as BitradeX’s “Brand Ambassador” in June 2025;

BitradeX is not registered to offer securities in any jurisdiction. In addition to Alberta, BitradeX fraud warnings have been issued by Malaysia and Thailand.

As of March 2026, SimilarWeb was tracking ~1.3 million monthly visits to BitradeX’s website.

Top sources of BitradeX website traffic over the same period were Japan (21%), the US (10%), Brazil (8%) and Malaysia (5%).