Someone Is Impersonating Bitcoin Futures Platfom Bakkt to Raise Money

Published on by Coindesk | Published on

Someone is poorly impersonating the highly anticipated bitcoin futures trading platform Bakkt in an apparent attempt to bilk people out of their bitcoin.

The email, sent from a gmail address and written in broken English, further stated that Bakkt would be seeking to raise $50 million in a second financing round and directed readers to a website, bakktplatform.io.

After going through this process, visitors are presented with a bitcoin address to send their money and asked to provide their own address to receive their "Profits" from the investment.

A spokesperson for Intercontinental Exchange, Bakkt's parent company, told CoinDesk: "That is not a Bakkt website and we wouldn't have communicated in that way."

Further, the email's claims about Bakkt are dubious at best.

For starters, Bakkt has no official launch date right now.

The platform is still waiting on regulatory approval to begin listing its futures product, and the Commodity Futures Trading Commission is nowhere near such an approval.

First, Bakkt just raised $182.5 million at the close of 2018, less than two months ago.

"We are at the stage of completing the testing of Blockchain on our platform, our tests have shown high results of efficiency and manufacturability using Blockchain technology in contrast to Fiat," the bogus Bakkt website explains.

"What this Bakkt" and bitcoin address signup screenshots from bakktplatform.io.

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