Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to seven unauthorized investment websites.

The websites targeted by the latest orders are:

• “09pqws” (website https://09pqws.it);
• “DSS776” (website https://dss776.it);
• “ERY357” (website https://ery357.it);
• “TNT882” (website https://tnt882.it);
• “ZeroTrillionWorld” (website https://zerotrillionworld.it);
• “ZGV796” (website https://zgv796.it);
• “78DEF” (website https://78def.it).

All of the above-mentioned websites belong to entities that provide crypto services without having the necessary permission to do that.

In issuing the orders, CONSOB made use of the powers introduced by the MiCAR (Regulation (EU) 2023/1114 and Legislative Decree No. 129 of 5 September 2024) regarding the black out of websites through which crypto currency services are provided to Italian savers without the prescribed authorizations.

The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blocked, has thus risen to 1376.

The black-out of these websites by Internet service providers operating in Italy is ongoing. For technical reasons, it can take several days for the blocking to be implemented.