Italy’s CONSOB orders blocking of websites of Hodlwealth and Trade Point PTY
Italy’s Companies and Exchange Commission (CONSOB) today announced it has issued orders for the blocking of access to a number of unauthorized investment websites.
The websites targeted by the latest CONSOB orders are:
- Trade Point PTY (website https://evpmarketgroup.com and related page https://client.evpmarketgroup.com);
- “Alfa Mercati” (website https://alfamercati.com and related pages https://clients.alfamercati.com and https://trading.alfamercati.com);
- Horizons28 (website https://horizons28.com and related page https://area.hz-zone.com);
- AIXA MINER CLOUD MINING INVESTMENT LTD (websites https://aixaminer.com, https://aixaminer.org, and https://aixaminer.net);
- FYENERGY CRYPTOCURRENCY INVESTMENT LTD (websites https://fyenergy.com, https://fyenergy.org, and https://fyenergy.net);
- “Hodlwealth” (website https://hodlwealth.org).
This brings the total number of websites blocked by Consob since July 2019 to 1,537.
In issuing the orders, the Authority has made use of the powers deriving from the “Growth Decree” regarding the blocking of the websites of unauthorized financial intermediaries, as well as those introduced by Law No. 8 of February 28, 2020, regarding the blackout of websites through which abusive offers are made.
Internet connectivity providers operating in Italy are currently blacking out the above-mentioned websites. For technical reasons, the actual blocking may take several days to implement.
