What does a BaFin warning actually mean for investors?

A BaFin warning signals that a platform is not authorized to offer financial or crypto services in Germany. This means no supervision and likely no access to a recognized compensation scheme. Treat it as a high‑risk alert, stop new deposits, save evidence, and contact your bank quickly to review recent transfers for possible recall or dispute.

How do I verify if a platform is licensed in Germany?

Check the BaFin company register and the platform’s imprint for the legal entity, address, and license number. Confirm any EU passporting details if the firm is abroad. Make sure there are clear risk disclosures, fee schedules, and a formal complaint process. If details are missing or inconsistent, avoid depositing funds.

I already sent money to Wefi.co or RevalonInvest. What should I do now?

Stop sending funds, collect screenshots and statements, and contact your bank or card issuer to request a recall or dispute. File reports with BaFin and the police, and consider speaking to a German lawyer experienced in investor protection. Do not pay extra “release fees” or “taxes” demanded to unlock withdrawals.

Will EU MiCA change how crypto platforms operate in Germany?

Yes. MiCA now applies across the EU, requiring crypto service providers to meet authorization, conduct, and disclosure rules. For German clients, that means clearer standards and enforcement. Platforms serving Germany will need the right licenses and controls. Still verify details in the BaFin register, as unlicensed operators continue to target retail investors.

Global Market Insights

BaFin Warning, February 03: Wefi.co and RevalonInvest Flagged

ByHuzaifa Zahoor February 3, 2026February 3, 2026

A fresh BaFin warning on February 03 puts wefi.co and revaloninvest.de on the radar for offering services without a German license. For retail investors in Germany, this raises a high risk of fraud and failed withdrawals, especially around crypto offers. We outline what the alerts mean, how to spot Germany crypto scams, and the best steps to protect funds. We also highlight reporting paths and the near‑term compliance outlook for platforms seeking German clients.