Trillant is under investigation for fraud in Germany.

BaFin disclosed it was investigating Trillant and EUPAC Digital Services Ltd. on November 22nd, 2022.

At the root of
BaFin’s investigation
is Trillant committing securities fraud.

The Federal Financial Supervisory Authority ( BaFin ) clarifies in accordance with section 37 (4) of the German Banking Act ( KWG ) that the operator of the trillant.com website, EUPAC Digital Services Ltd. from Majuro, Marshall Islands, does not have a license under the KWG to conduct banking business or provide financial services.

The content of the trillant.com website and other information available to BaFin justify the assumption that unauthorized financial services are being offered in Germany via the website.

The site advertises so-called tokens called Trillant and Trillon. However, a professional description of these tokens and how they work cannot be found.

Rather, so-called “Paraiba tokens” are said to have been exchanged for Trillant.

Trillant is a reboot of the
collapsed Paraiba World Ponzi scheme
. BaFin issued a
Paraiba World securities fraud warning
in June 2020.

Both Paraiba World and Trillant were/are run by German national Erich Ely.

Trillant operates through a “staking” Ponzi model, built around its ERC-20 Trillon token.

invest TRIL for 4 weeks and receive a 1.5% ROI

invest TRIL for 9 weeks and receive a 3.5% ROI

invest TRIL for 26 weeks and receive an 11% ROI

invest TRIL for 52 weeks and receive a 50% ROI

Returns are paid in “Trillon Value Tokens”, which appears to be another shitcoin layer within Trillant.

As of May 2023, SimilarWeb tracked top sources of traffic to Trillant’s website as Germany (21%, down 25% month on month), the US (19%), Switzerland (16%), Guadeloupe (13%) and Poland (9%).

In addition to Germany, since Paraiba World launched in late 2019 fraud warnings have been issued by
Austria
and
Switzerland
.

Update 28th December 2023 – 
Trillant has
collapsed
.

🤖 Quick Answer

What is Trillant under investigation for in Germany?
Trillant and EUPAC Digital Services Ltd. are under investigation by BaFin for securities fraud. The Federal Financial Supervisory Authority confirmed on November 22nd, 2022, that the trillant.com operator lacks proper licensing under German Banking Act regulations and illegally offers financial services and tokens to German residents.

Why did BaFin launch an investigation into Trillant?
BaFin initiated its investigation based on evidence that Trillant's operator, EUPAC Digital Services Ltd. from Majuro, Marshall Islands, was offering unauthorized financial services through trillant.com without holding the required license under the German Banking Act to conduct banking operations in Germany.

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