Company Name checked against 1 community report on ScamBusterKE
Company Name
BTCM
20
Concern Score
Low Concern
Limited reports, use normal caution
1
Total Reports
1
Verified
Ksh 266,000
Total Lost
1 active report produced a low concern score of 20.
Use extra caution and independently verify before sending money.
Reports are user-submitted and not independently verified by ScamBusterKE. Use this information as one factor in your decision-making.
company
BTCMThe reporter says bTCM 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. This is a user-submitted allegation and has not been independently verified.
Reported 9 Feb 2026
People search BTCM to find out whether the bitcoin-mining investment offer was genuine. ScamBusterKE does not issue verdicts about companies; the community reports above describe what individual users reported experiencing, including money they said they lost. Use the checks below before committing to any similar offer.
ScamBusterKE shows the public community reports about BTCM rather than a legal finding. Read them above, note what they describe, and verify any current offer using the company's licence status rather than the promises in the pitch.
The reports on this page describe a mining investment offer promising large returns within days, with participants recruited through friends and family. Reported amounts and dates are shown on the report itself. Reports are user-submitted and are not independently verified by ScamBusterKE.
Ask which regulator licenses the activity and check the register yourself — the Capital Markets Authority publishes its licensees and public notices. Guaranteed daily or weekly returns, earnings that depend on recruiting others, and withdrawals that require a further deposit are warning signs regardless of how the offer is branded.