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Berge Blockchain Technology Co. Ltd Review — SEC Alleges $14M Crypto Scam

TL;DR — What Happened With Berge Blockchain Technology Co. Ltd?

Berge Blockchain Technology Co. Ltd was named by the U.S. Securities and Exchange Commission (SEC) in an enforcement action alleging a coordinated crypto investment scheme that resulted in over $14 million in losses. According to regulators, Berge Blockchain Technology Co. Ltd operated as one of the purported trading platforms used to receive victim deposits and display fabricated profits.

Victims were reportedly recruited through WhatsApp investment groups, shown consistent gains on the platform, and later blocked from withdrawing funds unless they paid additional “tax,” “liquidity,” or “verification” fees. This review outlines how the scheme allegedly worked, what regulatory evidence exists, and what affected users should do next.

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Quick Verdict

CategoryAssessment
Overall Rating2.0 / 10
ProsProfessional-looking trading interface; convincing profit displays
ConsSEC enforcement action, fake trading activity, withdrawal-fee trap
VerdictAvoid. High-risk platform linked to regulator-confirmed fraud.

What Is Berge Blockchain Technology Co. Ltd?

Berge Blockchain Technology Co. Ltd was presented to investors as a blockchain-powered crypto trading platform, often positioned as technologically advanced and capable of delivering consistent returns through proprietary systems.

What It Claimed

  • Access to advanced blockchain trading technology

  • Managed or automated crypto trading

  • Stable profits with minimal risk

  • Straightforward withdrawals

What the SEC Alleges

The SEC alleges Berge Blockchain Technology Co. Ltd did not conduct legitimate crypto trading. Instead, it allegedly functioned as a front-end platform where victim funds were deposited and fictitious account balances were displayed to create the illusion of profitable trading.

How the Scheme Allegedly Operated

Based on SEC filings and consistent victim reports, the operation typically followed this pattern:

  1. Recruitment via social media and WhatsApp investment groups

  2. Trust building through mentors and daily profit screenshots

  3. Deposits encouraged via crypto transfers or bank wires

  4. Simulated profits shown on the platform dashboard

  5. Withdrawal attempts blocked

  6. Additional fees demanded to “release” or “verify” funds

At no stage were victims shown verifiable on-chain trading records.

Timeline of Regulatory Action

  • Early 2025: Victims begin depositing funds via WhatsApp-driven referrals

  • Mid-2025: Reports of blocked withdrawals and escalating fees

  • December 2025: SEC names Berge Blockchain Technology Co. Ltd in enforcement action

  • Present: Platform linked to active scam warnings and avoidance recommendations

Red Flags Identified

🚩 Named in SEC enforcement documentation
🚩 WhatsApp-based investment recruitment
🚩 Fake or unverifiable trading dashboards
🚩 Repeated “fee to withdraw” demands
🚩 No confirmed licensing or audited records
🚩 Pressure to deposit additional funds

These indicators are consistent with fake crypto trading platform scams.

Real User Experiences & Online Reputation

Berge Blockchain Technology Co. Ltd maintained a minimal public online footprint, which is common for scam platforms operating through private groups rather than public marketing.

Victim patterns described by regulators include:

  • Initial small “profits” to build confidence

  • Pressure to increase deposit size

  • Sudden withdrawal restrictions

  • Losses commonly exceeding $5,000 per victim, with some far higher

Because many victims are discouraged from speaking publicly, reported losses likely understate the true impact.

Regulatory & Legal Status

  • Regulator: U.S. Securities and Exchange Commission

  • Status: Named defendant in crypto fraud enforcement action

  • Allegations: Fraud, misrepresentation, misuse of investor funds

Primary source:
https://www.sec.gov/newsroom/press-releases/2025-144-sec-charges-three-purported-crypto-asset-trading-platforms-four-investment-clubs-scheme-targeted


Estimated Losses (Conservative)

  • Average reported victim loss: $5,000–$30,000

  • Verified aggregate losses: >$14 million (scheme-wide, per SEC)

Estimates rely exclusively on regulator-confirmed figures.

Melmac Solutions Expert Opinion

From a recovery and investigation perspective, Berge Blockchain Technology Co. Ltd demonstrates every major red flag associated with fake crypto trading platforms. The combination of private-group recruitment, fabricated profits, and withdrawal fees is a strong indicator of intentional fraud.

Victims should also be aware of secondary scams, where bad actors pose as recovery agents. Any legitimate recovery effort should begin with blockchain tracing and documentation, not promises of instant success.

Alternatives & Legitimate Recovery Help

If you interacted with Berge Blockchain Technology Co. Ltd:

  • ❌ Do not send additional “unlock” or “tax” fees

  • ❌ Avoid unsolicited recovery offers

  • ✅ Preserve all transaction evidence

  • ✅ Begin with blockchain tracing

Melmac Solutions offers:

  • Free wallet trace analysis

  • Transparent recovery assessments

  • Education-first guidance

👉 Start here: https://www.melmac-solutions.com/get-started

Helpful reading:

How We Verified This Review

  • Reviewed SEC enforcement filings

  • Analyzed known fake trading platform scam patterns

  • Used conservative, regulator-confirmed loss estimates

  • Avoided speculation or unverified claims

FAQs

  • 1. Is Berge Blockchain Technology Co. Ltd legit?

    No. It is named by the SEC in an enforcement action tied to alleged crypto fraud.

  • 2. Why do fake platforms show profits?

    Simulated profits build trust and encourage larger deposits.

  • 3. Can funds sent to Berge Blockchain Technology Co. Ltd be recovered?

    Sometimes partial recovery is possible, depending on timing and fund routing. There are no guarantees.

  • 4. Should I pay withdrawal fees?

    No. Legitimate trading platforms do not charge extra fees to release funds.

  • 5. What should I do first?

    Preserve evidence and seek a transparent recovery assessment.

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