HelloBit has received a securities fraud warning from Germany’s BaFin.

As per BaFin’s January 20th HelloBit warning;

The German financial regulator BaFin warns against using the platform “Hellobit”.

The unknown operators are providing cryptocurrency and financial services without the required authorization.

BaFin cites HelloBit’s domain as “hellobit.org”, active and privately registered on November 12th, 2025.

HelloBit is a “click a button” app Ponzi run by Chinese scammers. HelloBit’s ruse is trading signals, wherein investors log into an app and click bogus trading signals to qualify for a ROI.

In addition to Germany, HelloBit fraud warnings have been issued by Spain and New Zealand.

As of December 2025, SimilarWeb was tracking ~4700 monthly HelloBit website visits.

The majority of HelloBit’s website traffic originates from Armenia (97%). The US makes up the remaining 3%.