The Securities Commission Malaysia (SC) Added Bitcoin Up into Its Investor Alert List In 2022, The Securities Commission Malaysia (SC) issued a warning against Bitcoin Up that this firm may possibly be a clone operating an illegal investment scheme and carrying on unlicensed capital market activities of dealing in securities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

BrokersView has Reviewed that ​Bitcoin Up is an Unregulated Broker Bitcoin Up claims to be a reliable company without presenting any information about its regulation or contact. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated companies always present their accreditations and licenses in a prominent position. It is a red flag. The Securities Commission Malaysia (SC) issued a warning that Bitcoin Up was providing finacial services or products without authorisation.The truth is that Bitcoin Up is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.