TR

Bitrue Warning: FCA, OSC and Seychelles FSA Alerts

Savun Law & Consultancy · Updated 5 November 2026

Bitrue Warning: FCA, OSC and Seychelles FSA Alerts

Bitrue is an international crypto exchange at bitrue.com that offers crypto trading, futures and yield products. In November 2026 the UK financial regulator, the FCA, added Bitrue to its list of unauthorised firms; this is not the first regulatory warning about the platform.

In short: Bitrue is not authorised in Türkiye by the Capital Markets Board (SPK) and holds no crypto asset service provider permit in Türkiye. Three separate regulators have announced that the platform operates without authorisation in their jurisdictions. No local protection mechanism exists for assets held on an unauthorised platform; pursuing the loss through legal channels is possible.

🔍 Regulatory Warnings About Bitrue

  • FCA (4 November 2026): Bitrue / www.bitrue.com is not authorised and may be targeting people in the United Kingdom. The FCA states that those who deal with this firm cannot use compensation and complaint mechanisms (FCA warning).
  • Seychelles FSA (8 October 2025): announced that the company operating bitrue.com has no legal or operational link with Seychelles and holds no virtual asset service permit.
  • Ontario Securities Commission (OSC): published a warning about an unregistered/unlicensed entity in 2022.

The official channels announced by the platform are t.me/Bitrue_official, x.com/BitrueOfficial and youtube.com/@BitrueOfficial. Similar domains such as bitrues.com are a separate clone operation and should not be confused with the real site.

🚩 Risks Facing Users of an Unauthorised Crypto Exchange

On exchanges that operate with an overseas registration or licence claim, the user's assets are held in an account that is subject to no local supervision. If the account is restricted, withdrawals are delayed or the platform becomes inaccessible, there is no protection fund to turn to. Fake apps and social media accounts using the Bitrue name are a separate area of risk.

🔗 Other Platforms That Received Similar Warnings

We have covered regulatory warnings about unauthorised crypto exchanges before.

🧭 The Legal Process

Under Article 35/B of Capital Markets Law No. 6362, providing crypto asset services in Türkiye requires SPK authorisation; authorisation status can be checked in the SPK list of authorised institutions. Where a loss has occurred, the tracing of crypto transfersTR and jurisdiction and arbitration in disputes with overseas platforms come to the fore.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Is Bitrue licensed in Türkiye?

No. Bitrue does not appear in the SPK list of crypto asset service providers.

What does the FCA warning mean?

It means the firm is providing or promoting financial services in the UK without authorisation; the FCA states that those dealing with this firm fall outside protection schemes.

Does bitrues.com belong to Bitrue?

No. This similarly named domain has been entered in warning records as a separate clone operation.

A representative is calling me in the name of Bitrue. Is this genuine?

Crypto exchanges do not phone users to offer investments; such calls usually come from third parties using the brand name.

I lost money because of Bitrue. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

3 attorneys registered with the Istanbul Bar Association · verifyGoogle 4.8 ★ · 123+ reviews · seeOffice in Istanbul · English-speaking team · about us
Attorney Veli Savun

Questions & answers · Istanbul Bar Association 75235

Lost money to this platform? Ask our lawyer.

Write your question and Attorney Veli Savun will answer it on this page. You do not need to give your name.

Example questions — tap one and adapt it to your situation:

About your personal data

Savun Law & Consultancy processes your question or comment in order to publish and answer it. If you tick the contact box, your phone number is used only to contact you (Turkish Personal Data Protection Law No. 6698, Art. 5/2-c and f). Your nickname and text are published; your phone number, IP address and the uncleaned version of your text are not. Contact records are deleted within 12 months at the latest. You may exercise your rights under Art. 11 by contacting our office.

Answers are general information only; they do not create a lawyer–client relationship and are not legal advice on your specific case. All questions & answers →

This page is an English adaptation of our Turkish article Bitrue (bitrue.com) İzinsiz Kripto Borsası Uyarısı: FCA, OSC ve Seyşeller FSA Uyarıları.

More from Crypto Exchange & Coin Scams

All articles in this section →

WhatsApp