Hubicoin.com is a fake cryptocurrency platform designed to deceive users with false claims and trick them into depositing real funds.
In this article, we’ll cover: the deceptive tactics used by Hubicoin, red flags that prove it’s a scam, fake claims on the website, and real user complaints.
Overview of Hubicoin.com
Hubicoin.com presents itself as a cryptocurrency exchange offering services like spot trading, P2P, NFT marketplace, and staking.
The platform claims to be founded in June 2018 by someone named Hank Weizen, with exaggerated accomplishments such as handling 15% of global BTC volume or forming a partnership with Oracle Red Bull Racing. However, there’s zero verifiable evidence to support these grand claims.
Key Red Flags Proving Hubicoin Is a Scam
False Identity and Founding Story
The platform claims to have been founded in June 2018 by someone named Hank Weizen, a supposedly visionary leader in the crypto space.
However, no verifiable information exists about this individual. There is no LinkedIn profile, no public record, and no crypto community mentions of this name.
WHOIS data shows that hubicoin.com was only registered in July 2024, completely contradicting their origin story. This major inconsistency alone raises serious doubts about the platform’s authenticity.
No Proof of Licensing or Regulation
The site boldly claims to be licensed under AML (Anti-Money Laundering) and CTF (Counter-Terrorism Financing) standards, yet fails to provide any supporting documents, registration numbers, or jurisdictional authority.
In the world of crypto exchanges, lack of licensing transparency is one of the strongest indicators of fraud.
Absence of Verified Company Details
There is no mention of a legal business name, physical address, or registration certificate anywhere on the website.
Real exchanges operate with full transparency. Here, there is no evidence of incorporation, which makes Hubicoin legally unaccountable.
Deepfake Celebrity Endorsements
A core part of Hubicoin’s promotional campaign involves AI-generated videos of celebrities like Cristiano Ronaldo, Elon Musk, and Bill Gates claiming to offer free Bitcoin through Hubicoin.
These deepfakes are distributed via TikTok, YouTube, and Facebook, tricking unsuspecting users into believing the platform is trustworthy.
No real celebrities are involved—this is a fabricated marketing strategy used to lure in victims.
How the Hubicoin Scam Operates
Fake Bitcoin Giveaway
Users are invited to enter special promo codes like “CR7” or “TikTok11” to unlock up to 0.31 BTC in their Hubicoin wallet. The dashboard shows this amount instantly, but it cannot be withdrawn.
Forced Deposit for Withdrawal
When attempting to withdraw the so-called “free Bitcoin,” users are met with a message demanding a 0.005 BTC deposit (worth around $300) to “activate” withdrawal rights.
Once deposited, the funds disappear, and users are either locked out of their accounts or continuously asked to deposit more.
Funds Disappear, Users Left Helpless
There is no customer support, no response to emails, and no way to recover funds. The scammers steal deposits, shut down communication, and move on to the next set of victims.
Deceptive Site Features and Claims
Fake Testimonials
The reviews and testimonials displayed on the website appear to be AI-generated or scripted. None of the names, images, or user profiles can be traced back to real individuals. On Trustpilot, most reviews call Hubicoin a scam, while a few seem suspiciously positive and likely fake.
Misleading Trustpilot Rating
Hubicoin boasts about strong user satisfaction, yet it holds only a 2.8-star rating based on just 6 reviews, most of which report scam activity. One review says, “Scam. Must deposit BTC to unlock fake free funds.” Another warns, “They steal your BTC, don’t fall for it.”
No Customer Support
There are no proper communication channels — no live chat, no phone number, and the only available method is a barely-functioning email. This limited support system prevents users from seeking help once issues arise.
No Social Media Footprint
Hubicoin.com has no verified presence on platforms like Twitter, Reddit, or Telegram. Real crypto companies thrive on community engagement, yet Hubicoin is completely absent from all crypto discussions.
Unrealistic Investment Promises
One of the glaring red flags is their false earning claims. The site suggests that a $2,500 investment can return over $30,000 in a few months.
No legal or legitimate financial institution would ever guarantee such high returns, which are designed only to deceive novice investors.
Fake Roadmap and Achievements
Hubicoin’s “About Us” section includes an ambitious roadmap, listing achievements like:
- Handling 15% of global BTC volume
- $35 billion in daily trading
- Partnership with Oracle Red Bull Racing
None of these claims are substantiated. A simple search on Red Bull’s official site shows no mention of Hubicoin as a partner.
Investment Trap and Psychological Tricks
The scam is built on psychological triggers:
- Greed: Promises of free Bitcoin and huge returns
- FOMO: Time-sensitive giveaways and competitions
- Trust: Deepfakes and fabricated endorsements
These tools are carefully used to manipulate victims into ignoring red flags and making quick deposits.
Real User Complaints
On Trustpilot, users repeatedly mention the same pattern:
“Scam. You must deposit BTC to unlock fake free funds.”
“They pretend to give free BTC but steal your actual deposits.”
“You’ll lose your money if you try this.”
These reports match the scam structure perfectly.
Summary: Why Hubicoin.com Is a Scam
| Red Flag | Details |
|---|---|
| Fake domain age | Registered in 2024, not 2018 |
| No license info | No evidence of regulation |
| Fake testimonials | Generic or AI-generated |
| No real team | Founder is untraceable |
| Withdrawal scam | Users must deposit to unlock withdrawals |
| Deepfake marketing | Uses fake celeb videos to promote |
| No contact info | No phone, email barely responds |
Final Verdict
Hubicoin.com is a fraudulent crypto platform that uses manipulation, lies, and celebrity deepfakes to scam people. From fake testimonials to fake BTC balances, the entire platform is designed to steal deposits from unsuspecting users.
Avoid Hubicoin at all costs. Never deposit funds on this website.
If you’ve fallen victim to Hubicoin, report it to your local cybercrime authority immediately. You can also raise awareness by posting reviews on scam reporting platforms to warn others.
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Frequently asked Questions
Is Hubicoin.com a legitimate crypto exchange?
No, it is a fake platform with no licensing, no company verification, and zero withdrawal proof.
Who owns Hubicoin.com?
The claimed founder, Hank Weizen, has no digital presence and appears to be a fictional persona.
Can I withdraw funds from Hubicoin?
No. Users are forced to make a deposit before withdrawing, and no withdrawals are processed.
Is the free Bitcoin promo real?
No. The free BTC displayed is fake. Users are baited into depositing real BTC, which is then stolen.
