Austria FMA warns of offshore brokers Roi Republic, BitLQ, iDealTrade
Austria financial regulator FMA has issued warnings against three offshore brokers targeting retail traders in the country.
Austria financial regulator FMA has issued warnings against three offshore brokers targeting retail traders in the country.
Bstrade.co, and its operator Florishing Group LLC, were recently added to a blacklist of the Italian regulator CONSOB.
StormGain is a retail cryptocurrency broker, registered in popular offshore jurisdiction St. Vincent and the Grenadines.
Share price manipulation, known as “Pump and Dump” is a forbidden practice also known as “scalping”, i.e. “scalping of investors”.
Bitpanda raised $52 million in a Series A financing round in September 2020 led by Valar Ventures and other fintech investors.
Around 40% of victims of financial fraud were contacted by telephone in 2020 – a practice known as “cold calling”.
Finexics at finexics.io claims to be run by a company called Slinqo Group LTD based in Nicosia, Cyprus
The FMA noted that Blackstone500 is not entitled to carry out transactions in Austria that require a licence.
Austrian financial regulator FMA has issued a warning regarding Vienna-based cryptocurrency firm coin.zone GmbH. The company also operates website diecoinzone.com. […]
Austria’s financial regulator FMA has issued a warning about fraudulent activities, in which faked FMA email addresses and FMA web […]