On September 4, Belgium’s Financial Services and Markets Authority (FSMA) made an announcement that there has been updates to the list of cryptocurrency trade channels with the questions and complaints from consumers and possibilities of scam. This project has begun in February and with newly added 28 companies, there are now 78 platforms under surveillance.
The agency wrote: Despite its earlier warnings the FSMA continues to receive new complaints of consumers who have invested in cryptocurrencies through these trading platforms. Hence, the FSMA repeats its warning against the fraudsters behind those platforms who are using cryptocurrencies to swindle consumers.
The agency stated that those swindlers draw customers online with fake cryptocurrencies and huge profits. After customers invest a great amount of money, they take money and flee. This is why customers have experienced never recover invested funds or have hardly hear about updates from the company.
Here is the list of 28 newly added potential scam platforms: 1st-cryptobank.com, bitc-international.com, boursebitcoin.com, ccg-investment.com, crownmanagers.com, crypto.bnd-group.com, crypto-access.com, cryptofrancecapital.com, cryptorama-bank.com, cryptos-marketplace.com, cryptowallet24.com, e-cryptoney.com, ecrypto-international.com, emarketstrade.com, executivecrypto.com, fair-oakscrypto.com, fast-coin.eu, globalmarkets-group.com, ldc-crypto-com, lgsinvestpartners.com, london-exchange.com, minedecrypto.com, mondial-investissement.com, placementcrypto.com, primecryptobank.com, truetrade-capital.com, vechain-wallet.com, and wallet-coins.com.
It is important for potential customers to realize that the list is only based on FSMA’s report and do not have enough information about other companies which are not controlled by Belgium law.
The FSMA added that some of these platforms provide other financial products with cryptocurrencies such as savings account, servicing rights or derivative products like CFDs as underlying asset.
Author: Jieun Lee