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China Minmetals Issues Fraud Alert Over Unauthorized Bitcoin Schemes

China Minmetals Corporation Limited has publicly warned investors against fraudulent entities misusing the state-owned enterprise’s name to promote Bitcoin financial services. The company explicitly denied any connection to unauthorized organizations identified as ‘Minmetals North Marketing Center’ and ‘Minmetals New Energy Industry Group’.

According to an official statement, China Minmetals verified these entities are falsely claiming corporate affiliations to solicit Bitcoin investments through websites and WeChat platforms. The firm emphasized its disassociation from all such cryptocurrency-related activities, which violate its explicit compliance protocols.

The public notice aims to prevent reputational damage and financial losses by alerting stakeholders to the unauthorized activities. China Minmetals reinforced that it maintains no cryptocurrency service offerings through any affiliated channels.

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