Company Name checked against 1 community report on ScamBusterKE
Company Name
btcm
40
Concern Score
Moderate Concern
Some reports exist, verify before transacting
1
Total Reports
1
Verified
Ksh 266,000
Total Lost
Reports are user-submitted and not independently verified by ScamBusterKE. Use this information as one factor in your decision-making.
company
BTCMBTCM was a fake Bitcoin mining Ponzi scheme in Kenya. Subscribers invested KES 600 to KES 266,000 to purchase mining equipment with promises of 188% to 350% ROI within days. Most victims recruited by friends and family. Platform collapsed June 2024 after demanding a final one-time deposit.
Reported 9 Feb 2026