CampBX was one of the first Bitcoin trading platforms in the United States, headquartered in Atlanta, Georgia, and operated by BulBul Investments LLC. It enabled users to buy and sell Bitcoin for U.S. dollars using real-time order matching. However, throughout its history and after its closure, CampBX became associated with regulatory actions and investor risk concerns.

Campbx.io claims to provide online financial services, yet it lacks any licence from respected regulators such as the Financial Conduct Authority (FCA).

Because of this, Campbx.io is being flagged as a suspected online scam. On its website (campbx.io) the firm lists N/A as its office, shows the phone N/A, and gives the email N/A. It also says it is managed by N/A. In the sections below, we explain whether Campbx.io is genuine or fraudulent, review its legal standing, outline common scam tactics, and share what to do if you have already lost funds.

A federal jury in Georgia has ordered now-defunct crypto exchange CampBX to refund the Bitcoin (BTC) it took from customers. The order comes more than four years after the exchange stopped operating, according to a WSBTV report. CampBX was the first crypto exchange in the U.S., with over 70,000 users trading Bitcoin on the exchange for several years. However, the Atlanta, GA-based platform stopped working in 2017, with users unable to access their accounts.

Atlanta, Georgia — On July 25, 2018, an Order to Cease and Desist against Bulbul Investments LLC dba CampBX Trading Platform issued by the Georgia Department of Banking and Finance (“Department”) became final. The Order to Cease and Desist was issued by the Department after it obtained evidence that the company engaged in money transmission and sale of payment instruments without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-681.

Customers of an Atlanta-based crypto exchange that suddenly shut down four years ago are still waiting for their bitcoin to be returned.

A federal jury gave judgment in favor of one of the disgruntled customers in what has been described as a first in the industry. “They completely kept our property, would not respond to reasonable inquiries and literally we had to file the first bitcoin case in federal court to get our money back,” said Jay Daniels, one of the plaintiffs.

An Atlanta-based cryptocurrency exchange that was forced to close four years ago after falling foul of regulators still hasn’t reimbursed its customers’ money, according to a plaintiff. CampBX, which had up to 70,000 patrons at its height, is being sued after failing to meet its obligations, says Jay Daniels. “They completely kept our property, would not respond to reasonable inquiries and literally we had to file the first bitcoin case in federal court to get our money back.”