CySEC suspends voting rights of Octa Markets (OctaFX) controlling shareholder Pavel Prozorov
CySEC’s actions come after earlier this summer Indian authorities seized assets of Pavel Prozorov including a luxury yacht.
CySEC’s actions come after earlier this summer Indian authorities seized assets of Pavel Prozorov including a luxury yacht.
Earlier this year the OctaFX website was blocked in Singapore, as the company was found in breach of the Securities and Futures Act.
The websites of two unregulated trading platforms, Octa (https://www.octafx.com ) and XM (https://www.xm.com ) will be blocked in Singapore.