BowMiner and 88Miner Crypto Platforms Are Targeting UK Investors
UK investors are being targeted by two fraudulent cryptocurrency platforms — BowMiner and 88Miner — which falsely claim to offer cloud mining services with guaranteed daily profits. A Decripto-led investigation reveals both platforms are scams operating illegally in the UK, with no FCA registration, no corporate transparency, and clear signs of Ponzi-style behaviour.
How BowMiner/88Miner Scam UK Users
The platforms, accessed via bowminer com and 88miner(net), promise:
- Daily returns of up to 10%
- An instant withdrawal system
- £12–£15 welcome bonuses to lure new users
- Contracts allegedly powered by AI and renewable energy
But analysis shows this is a classic High-Yield Investment Program (HYIP) scam:
- Early returns are fake dashboard figures
- Withdrawals are blocked unless more funds are deposited
- No company address, no licences, no proof of hardware or operations
- Websites are registered with obscured WHOIS data, offering no legal recourse
These tactics mirror previous scams like NebuMine and EthminerCloud, now offline after stealing investor funds.
UK-Appearing Promotions Using Fake News Tactics
Dozens of scam-adjacent news articles — some styled to look like local UK media — have surfaced online, embedding referral links to 88Miner and BowMiner. These articles often impersonate tech news or local investment tips, falsely claiming celebrity endorsements or success stories.
🔎 If you see BowMiner or 88Miner mentioned in “news” articles promising passive income from crypto, treat it as fraud and report it.
Blockchain Analysis: Where UK Funds Are Going
Crypto forensic researchers have linked BowMiner’s deposits to wallets operating across Ethereum, Tron, Bitcoin, and Litecoin, including:
0x4a15D0a9...(Ethereum)TMk6V2Xvbw3...(Tron)3CH6YPaiG4U...(Bitcoin)
Funds are moved through Telegram-based laundering services, including wallets flagged by Chainalysis as linked to organised crime and terror financing.
One such wallet, TAw7QfYQeQnt1NLWPWATaaS4fy2UNYBJvo, is known to interact with channels laundering USDT for criminal syndicates.
Not FCA Registered – Operates Illegally in the UK
Neither BowMiner nor 88Miner is authorised or regulated by the UK Financial Conduct Authority (FCA) to offer financial services.
- No UK company registration
- No disclosures under anti-money laundering (AML) regulations
- No customer support or legal protection
This means:
If you lose money, you cannot recover funds via the Financial Ombudsman Service or FSCS.
How to Stay Safe from Crypto Investment Scams in the UK
✅ Check FCA’s ScamSmart register before investing
✅ Be sceptical of guaranteed returns in crypto
✅ Never invest because of online “news” stories or social media DMs
✅ Report fake sites to Action Fraud at www.actionfraud.police.uk
If You’ve Already Deposited to BowMiner or 88Miner:
- Cease all payments immediately
- Preserve all communication records
- Report the platform to Action Fraud and your bank
- Warn others to avoid further losses
Final Note
BowMiner and 88Miner are not legitimate crypto services. They are unlicensed Ponzi schemes preying on UK residents under the guise of cloud mining. Engaging with these platforms means risking total loss of funds — and potentially helping launder money for criminal organisations abroad.
Stay alert. Report. Don’t invest.
