BaFin Warning: Real Registration Number, Borrowed Firm

The BaFin published a consumer notice on the website nova-c-solutions(.)com on 28 September 2026. According to its findings, financial and securities services as well as crypto-asset services are offered there without the required authorisation. What makes the case interesting is less the warning itself than the route by which the site acquires an air of respectability: the operators give a business address in Pompano Beach in the United States, and at that address, on the BaFin's account, a company called Nova Capital Solutions, LLC is indeed registered with the US Securities and Exchange Commission.

The regulator states explicitly that it has no indications whatsoever that this company or the people responsible for it are connected to the website. Instead, it says, this is presumably a case of identity theft at the expense of Nova Capital Solutions, LLC and its executives. For you as an investor, an uncomfortable conclusion follows: a genuine registration number proves nothing so long as it does not belong to the counterparty addressing you. That is precisely where the standard advice to “look it up in the register” breaks down.

The notice is a consumer communication about a website operating without authorisation, not a charge and not a verdict. Its legal basis is section 37(4) of the German Banking Act and section 10(7) of the German Crypto Markets Supervision Act. The substance in brief: the site offers financial, securities and crypto-asset services; the BaFin has granted no authorisation for them.