BaFin Warning Over Identity Misuse: When a Crypto Platform Borrows a Real German Company's Name
Germany's financial regulator BaFin issued a warning on August 24, 2026 about offerings on the website tresorbit(.)com. What is new in this notice is the addition: according to the regulator's findings, the case involves identity misuse at the expense of a real German company. The short answer for you is therefore this. A German company name, a German address and a clean legal form on a crypto website prove nothing at all. A provider is only verified once you have found it yourself in BaFin's company database.
According to BaFin, crypto-asset services are offered through the website without authorisation, specifically trading in crypto-assets. The regulator also names whose identity was used for this: Gesellschaft für Kryptoregisterführung mbH, based in Willich. BaFin states that this company has no connection to the operators of the website. Anyone who googles the company name and finds a genuine German commercial register entry has found the wrong confirmation.
The BaFin Warning of August 24, 2026: What the Regulator Said About tresorbit(.)com
The notice itself is short and consists of three statements, and every one of them matters for your own check. First: crypto-asset services are offered through the website without the authorisation required for them. Second: what is offered is specifically trading in crypto-assets. Third: there is identity misuse at the expense of the named Willich company, which has nothing to do with the operators.
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