The National Bank of Ukraine has claimed that BitCapital disguised loans in hryvnia as cryptocurrency credits. The regulator received over 700 complaints from users about excessive interest rates, hidden fees, and aggressive debt collection methods
An investigation revealed that the company operated outside the legal framework and violated financial regulations
NBU has already handed the case over to the Bureau of Economic Security and the National Police, calling for BitCapital’s operations to be blocked
So far, the service has not responded to the accusations