You entered your phone number and your email address into a contact form on a website because an AI-powered crypto trading platform was advertised there. In that case, in the assessment of the German financial supervisor, you very probably never contacted a trading platform at all. You filled in an advertising page whose purpose, according to BaFin’s findings, is to collect contact details and pass them on to operators of unauthorized online trading platforms.

BaFin published this assessment on September 23, 2026, together with the names of 39 websites. The most important sentence in it for you is this: the damage does not begin with the first transfer, but at the moment the form is sent. From then on your record exists as tradable…