Italian regulator blocks access to websites of Keyline FX, Solaxy Tech and Po Trade
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to a total of 10 websites.
Several of these websites are offering unauthorized financial instrument investment services and activities, and the rest are advertising unauthorized trading platforms.
These sites are listed below:
- “Keyline FX” (website https://keylinefx.com and related page https://client.keylinefx.com);
- “Auralyex” – “Prisma-luxerise.com” (website www.auralyex.com and related page https://webtrader.sprawlyx-manilas.com, as well as a related advertising website https://prisma-luxerise.com);
- “Po Trade Ltd” – “Prismaluxerise.it” (website https://p.finance and related pages https://v1.lands-po.com, https://m.p.finance, as well as the related advertising website https://prismaluxerise.it);
- “Campo Borsante” (websites www.campo-borsante.com, www.campo-borsante.org, www.campoborsante.com, www.campo-borsante.net, and related pages https://client.7cmanagement.cm and https://live.bitfoxytrade.com).
As part of the anti-illegal activity measures, the offering of cryptocurrency assets by Solaxy Tech Ltd, via the website https://solaxy.io, was also blocked. The offer is not authorized because the information document (white paper) required by EU Regulation 2023/1114 on cryptocurrencies (MICAR) was not notified to Consob.
The sites blocked this week bring to 1,585 the number of similar actions since July 2019, when the Authority was granted the power to order the blocking of the websites of abusive financial intermediaries by the “Growth Decree.” Of these, 136 concern crypto-related activities.
Consob has also asked Google to remove the “Pocket Option” mobile application (for Android operating systems), linked to “Po Trade Ltd,” from its distribution platform in the Italian market. This application, through which financial services are being offered abusively, is linked to “Po Trade Ltd.”
Internet connectivity providers operating in Italy are currently blocking these websites. For technical reasons, the actual blackout may take several days to implement.
