BaFin warns twice of Royals Fund: suspected unauthorised financial services
The BaFin has officially warned of the trading platform Royals Fund twice – first under royalsfund.com, then under royals-fund.io. Investors who have made deposits should take urgent action.
BaFin warns twice of Royals Fund – new domain registered shortly after first warning
As Google News DE — Crime (de) reports, the German Federal Financial Supervisory Authority (BaFin) has publicly warned of the trading platform Royals Fund twice. The authority believes that financial, securities and cryptocurrency services are being offered via royals-fund.io without the required authorisation.
Two warnings, two domains
On 29 April 2025, the BaFin published its first consumer warning regarding Royals Fund and the then-website royalsfund.com. After this domain became inactive, the unknown operators continued operations under royals-fund.io, according to the authority's findings. On 30 May 2025, a second official warning followed – this time explicitly concerning the new domain.
Publicly available domain data lists 20 May 2025 as the registration date for royals-fund.io. The new address was thus registered only a few weeks after the first BaFin warning regarding the predecessor domain. The BaFin explicitly establishes a substantive connection between royalsfund.com and royals-fund.io – according to the authority's assessment, these are not two randomly similarly named offerings.
The legal basis for the publications is provided by section 37, subsection 4 of the Banking Act (Kreditwesengesetz) and section 10, subsection 7 of the Crypto Markets Supervision Act (Kryptomärkteaufsichtsgesetz).
What the BaFin warning means
In its notice, the BaFin does not speak of a criminal conviction. However, it determines that there is suspicion that the operators are providing services requiring authorisation without the appropriate licence. This is legally a significant difference from negative user ratings on the internet: this is a formal notice from the German financial regulator.
Whether the prerequisites for criminal fraud are met in any individual case depends on the specific circumstances. Decisive factors include communication with the contact persons, deposits made, payment recipients, any stated profits, and the platform's conduct when withdrawal attempts are made.
Investors should not rely solely on the professional appearance of a website, according to the assessment of the Wilms law firm. Alleged licence numbers, certificates or references to supposed international regulation are insufficient to prove an actually issued German authorisation. Regulation should always be verified independently.
Archived offering contents
Archived information on the website royals-fund.io describes the offering as a trading platform for various financial instruments. These included, among other things, Bitcoin, USDT and further cryptocurrencies, as well as shares, commodities and various trading plans. The offering thus focuses on areas in which users frequently transfer substantial sums digitally. With cryptocurrencies, the additional complication is that transfers cannot, in principle, be reversed once they have been confirmed in the blockchain network.
Trustpilot reviews and their limited significance
The Trustpilot profile for royals-fund.io contained, at the time of research, only three reviews, all of which were awarded one star. Due to the extremely low number, no reliable statistical statement about all customer experiences can be derived from this. In the case of Royals Fund, the official BaFin warning is the far more significant signal.
Recommended actions for those affected
Investors who have already transferred money or cryptocurrencies via Royals Fund should reconstruct their case on the basis of objective documents. These include communication histories, contract documents, deposit receipts and screenshots – even where these still relate to the older domain royalsfund.com. Since the BaFin explicitly establishes a connection between both domains, older documents may be relevant for potential legal action. Emails and receipts relating to royalsfund.com should therefore not be deleted.
For legal advice, the specialist portal Anwalt24 names the Wilms law firm, which specialises in cryptocurrency fraud and online investment fraud (telephone: +49 69 380 781 603, email: [email protected]).
Source: Google News DE — Crime (de)