Verdict up front: BeaqonX (beaqonx.net) offers crypto conversion and OTC “settlement assistance”, claiming that “for over a decade” it has helped clients convert digital assets. The Ontario Securities Commission warned about it on 6 April 2026. The domain was registered on 31 March 2025 — about eighteen months ago.
| Website | beaqonx.net |
|---|---|
| Page title | “HOME | Mysite Copy” |
| Service | Crypto conversion, OTC settlement |
| Address | Trump Building, 40 Wall Street, New York |
| Regulator | OSC (Ontario, Canada), 6 April 2026 |
| Domain registered | 31 March 2025 — about 18 months old |
A decade on an 18-month-old site
“For over a decade” and “decades of experience” sit on a domain registered in March 2025, under a page title still reading “Mysite Copy” — a website-builder default.
Got an offer from BeaqonX?
✎ FILE A COMPLAINT ABOUT BEAQONX
Include what you paid BeaqonX and through which bank or wallet. We never need your login details.
‘Settlement assistance’
Conversion and settlement services are what victims are offered after a loss: pay a fee to convert or release a stuck balance. BeaqonX advertises “24/7 Support & Settlement Assistance” and $4.8 billion in conversion volume.
An MSB is not a licence
The footer says “Registered MSB with FinCEN: Registration No. 31000290339178”. A FinCEN money-services registration is a filing, not supervision, and gives no right to deal with Ontario investors.
A famous address
The office is given as the Trump Building, 40 Wall Street. Contact is otc@beaqonx.com — on a .com, while the site runs on .net.
⚠ Verified evidence
- Ontario’s OSC warned about beaqonx.net on 6 April 2026.
- “Over a decade” of experience; domain from 2025.
- Page title “Mysite Copy”.
- Relies on a FinCEN MSB filing, not a licence.
Paid BeaqonX — your next steps
- A withdrawal “fee” from BeaqonX is the next stage of the scam, not a step towards your money.
- Save the trail: payment receipts, wallet addresses, the BeaqonX dashboard screenshots and every chat.
- Card payment? Request a chargeback for “services not provided” as soon as possible.
- Capture the BeaqonX balance page and trade history today — these sites vanish.
Where BeaqonX should appear — and does not
Search the CSA national registration search at aretheyregistered.ca for both “BeaqonX” and beaqonx.net — a licensed firm turns up under each. Check whether the address on the site matches a real office in a map search. Check how old the address is too — beaqonx.net dates from 31 March 2025. The OSC’s investor warnings list sits alongside it.
The verdict: BeaqonX sells crypto settlement from a borrowed address and a template title, and Ontario’s OSC has warned about it. Do not send crypto.
Stuck with BeaqonX?
✎ FILE A COMPLAINT ABOUT BEAQONX
Include what you paid BeaqonX and through which bank or wallet. We never need your login details.
Sources, checked 1 October 2026: OSC (Ontario, Canada) warning via IOSCO I-SCAN (6 April 2026) · RDAP registration record for beaqonx.net · the live page at beaqonx.net, read in full. Listing by a regulator is a warning, not a judgment. Educational only; not personal financial advice.
