The New Brunswick Financial and Consumer Services Commission issued an investor warning that BitcoinUP is not registered to deal in, or advise on, securities or derivatives in New Brunswick, and advised investors to avoid engaging with unregistered firms due to the lack of assured investor protections. The alert identifies the entity as BitcoinUP (bitcoin-up.net), also known as Bitcoin-UP and BTC-UP, with alternate URLs including bitcoinUP.io, btc-up.ai, and bitcoinUP.com, and notes it claims to be located in the United Kingdom. It also references related investor alerts published by the Financial and Consumer Affairs Authority of Saskatchewan, the British Columbia Securities Commission, and the Ontario Securities Commission, and directs investors to use the National Registration Search tool and a guide on assessing the legitimacy of crypto asset trading platforms.
New Brunswick Financial & Consumer Services Commission 2025-11-12
New Brunswick Financial and Consumer Services Commission warns investors that BitcoinUP is not registered to deal or advise in securities or derivatives
The New Brunswick Financial and Consumer Services Commission warns that BitcoinUP is not registered to deal in or advise on securities or derivatives in New Brunswick, advising investors to avoid unregistered firms. The alert identifies BitcoinUP and its URLs, noting its UK location claim, and references similar alerts from other Canadian securities commissions. Investors are directed to use the National Registration Search tool and a guide for assessing crypto asset trading platforms.