Someone impersonating as Bakkt at work, gives March 12 as the launch date
In yet another case of dubious and fraudulent behavior, someone is doing a real bad job at impersonating the highly anticipated bitcoin futures trading platform Bakkt, as reported by CoinDesk.
As reported by CoinDesk, the CoinDesk received a mail on Wednesday night saying that the exchange was all set to be launched on March 12, 2019. The mail which was composed in a very bad English further stated that the Platform was trying to raise $50 million in the second round of funding and it directed the readers to the website bakktplatform.io.
It is worth noting here that Intercontinental Exchange (ICE) subsidiary, Bakkt announced on New Year’s Eve that it completed its first round of funding, raising $182.5 million from 12 partners and investors.
Some of the leading names who took part in the first round of funding included Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch Partners, Alan Howard, Horizons Ventures, Intercontinental Exchange, Microsoft’s venture capital arm, M12, Pantera Capital, PayU, the fintech arm of Naspers, and Protocol Ventures.
The mail further adds that the investors need to register by giving their email address and after the registration process is complete visitors are presented with a bitcoin address to send their money. The whole process in itself looks very dubious and fraudulent.
Speaking about this latest development, a spokesperson for Intercontinental Exchange (ICE) told CoinDesk: “that is not a Bakkt website and we wouldn’t have communicated in that way.”
To make the matter clear for the starters, we still don’t have a launch date for Bakkt and the platform is still waiting for an approval from the Commodity Futures Trading Commission (CFTC). The CFTC has not even published Bakkt’s self-warehousing proposal for comment, which makes the March 12 date hard to believe.
It has been just months since the platform raised $182.5 million and it seems all the more implausible that such a regulated platform would try to raise money through a mail.
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