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WiseBit AI

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Operating status: SCAM

Website: https://www.wisebit.ai/

Broker violations and abnormal records
  • Dec 09, 2024 The FINMA blacklists WiseBit AI

    On December 10, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against WiseBit AI, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/wisebit-ai/

    On December 10, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against WiseBit AI, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/wisebit-ai/
  • Dec 11, 2024 BrokersView has reviewed that WiseBit AI is an unregulated broker

    WiseBit AI claims to be authorized by a non-existing regulatory authority, CCA Conduct Authority, to mislead investors into believing they are real. This is a significant fraud practice. While the company purports to be based in Switzerland, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against WiseBit AI for being absent from the commercial register.

    In essence, WiseBit AI is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  WiseBit AI appears to be a scam. 

    WiseBit AI claims to be authorized by a non-existing regulatory authority, CCA Conduct Authority, to mislead investors into believing they are real. This is a significant fraud practice. While the company purports to be based in Switzerland, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against WiseBit AI for being absent from the commercial register. In essence, WiseBit AI is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. WiseBit AI appears to be a scam.
  • Jan 05, 2026 BrokersView has identified that WiseBit AI's website is currently offline

    BrokersView found that the domain "https://www.wisebit.ai/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://www.wisebit.ai/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

I was approached. But I'm concerned after reading the reviews about WiseBit AI. A scam?

Qindowsnow
France
Apr 29, 2025
ANSWER Dear Investor, We strongly suggest you avoid using WiseBit AI as we suspect it to be a potential scam. Our research has revealed that WiseBit AI deceive unsuspecting investors by claiming to be authorized by a non-existing authority. This deceitful practice is a major red flag. More concerningly, the Swiss Fianncial Market Supervisory Authority (FINMA) has added WiseBit AI to their warning list for being absent from their commercial register. This indicates that WiseBit AI doesn't adhere to the rules and laws. For the safety of your investments, it is highly recommended that you stay away from WiseBit AI.
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Platform to check, WiseBit AI

serge Dor
Greece
Dec 16, 2024
ANSWER Dear Investor, Thank you for reaching out to us. WiseBit AI is suspected of being a scam. The platform claims to be regulated by a fake authority, CCA Conduct Authority, in an attempt to mislead investors, in particular those unwitting, into believing that they are real. While WiseBit AI claims to be domiciled in the Switzerland, the Swiss Financial Market Supervisory Authority (FINMA) has included it in the warning list for being absent from the commercial register. This is a major flag, indicating that WiseBit AI is operating out of the jurisdiction without proper registration or authorization. Therefore, we strongly suggest you avoid using WiseBit AI. Otherwise. your money threw into it may be gone forever. It is imperative to do thorough research on your target platform instead of accepting what they claim at face value.
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4 comments

Robert
I saw something of WiseBitAI on Instagram & wondered . However , I was called by a Michael Philpson on a mobile number very persistently . He did not allow me time to read the Company's digital brochure but wanted me to activate an account immediately . I hung up 3 times . However he called from different mobile numbers . Neither are registered with FCA . Does FINMA have any record of this company
Jul 11, 2025
Reply
Victor
Wisebitai .continue cooking write about this scam site .They havevupdatedctheir portal and Web page.. but don't be fooled.Sadly ..I was...the dealings are like this .. start off small then increase your contributions. THE TERM THEY USE for not returning money is compound investment.Jason Vassel is a main so called finance export .Atvthe beginning easy to contact..then when you have no money left .. no contact at all. When you question them the response is . We cannot find your account. Total untruth. My account has now been frozen .. NO.MONIES RETURNED. NOT A REGULATED SITE .which they said they were. If I have saved someone money .. well done. Another scam they will try and say is . They have just bought the company .. untrue ..scam scam site.
May 01, 2025
Reply
Victor
Wisebitai .continue cooking write about this scam site .They havevupdatedctheir portal and Web page.. but don't be fooled.Sadly ..I was...the dealings are like this .. start off small then increase your contributions. THE TERM THEY USE for not returning money is compound investment.Jason Vassel is a main so called finance export .Atvthe beginning easy to contact..then when you have no money left .. no contact at all. When you question them the response is . We cannot find your account. Total untruth. My account has now been frozen .. NO.MONIES RETURNED. NOT A REGULATED SITE .which they said they were. If I have saved someone money .. well done. Another scam they will try and say is . They have just bought the company .. untrue ..scam scam site.
May 01, 2025
Reply
Victor
Wisebit ai . I continue to write reviews how big a scan this company is. I find it impossible to get my money back and the usual remark is . They can't find my account.. I have given my account number and details three times and still nothing..jow the scam works...start of with a small amount say 220 then they try to get more . Stating a small time frame for a return. THEN you have no control over your account ..yes put trades on until they stop you.Money returned . No chance .. hiding behind compound investment .. it is a major scam and trustpilet are aware .. avoid this company lokecthe plague
Apr 29, 2025
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