CNMV | FinTelegram News

Category: CNMV

May 30, 2023

Urgent Warning Against OXShare Broker Scam!

Spanish regulator CNMV on Monday issued a warning against unauthorized forex, CFD, and crypto broker OXShare. This is allegedly operated by Oxshare Limited, registered in St. Vincent & The Grenadines or St. Lucia. We have only found an Oxshare Prime LLC in the company registry but cannot determine if it is affiliated with the broker. In any case, you should stay far away and protect your financial health.

CNMV
Crypto

May 22, 2023

Urgent Warning Against Bibox AI Crypto Trading Scheme!

Bibox is reportedly an AI-powered crypto token trading platform that also offers to list new tokens. The operator is allegedly the Estonian-registered Bibox Technology Ltd. This entity never had a crypto license and was already deleted from the Estonian company register in January 2023. The Spanish regulator CNMV issued a warning against Bibox today. Stay far away and let us know information about the Bibox scheme.

May 22, 2023

Attention: Another Regulatory Warning Against CT Matador Broker Scam!

FinTelegram has issued 11 warnings against the CT Matador broker scam in the last 18 months but is still active. As stated in the last warning in April 2023, the payment options at CT Matador are currently no longer active. Deposits can only be made via instructions from Boiler Room staff. Today, the Spanish regulator CNMV has issued a warning against CT Matador. Stay far away and keep your financial health. Please let us know your experience with this scam.

May 17, 2023

Urgent Warning Against Cuarto Capital Broker Scam And Nexus LLC!

The Spanish regulator CNMV warned against the broker scam Cuarto Capital on May 16, 2023. The broker is allegedly operated by Nexus LLC, registered in St. Vincent & The Grenadines. This offshore entity has also operates the InvestPoint broker scam against which, among others, the German BaFin has issued a warning. Nexus LLC is also connected to Wizz Capital and VipCoin. Stay far away and protect your financial health.

May 17, 2023

Spanish Regulator Issues Warning Against Offshore Broker GMI

Spanish regulator CNMV has warned against offshore broker Global Market Index (GMI). This is operated through some offshore companies in St. Vincent & The Grenadines, Vanuatu, and Mauritius. Global Market Index Limited in Mauritius is registered as an investment dealer with the FSC Mauritius. The broker is mainly active in the Asian region and has no authorization for European activities.

May 16, 2023

Regulatory Warning Against TradeCare365

The Spanish regulator CNMV issued a warning against the broker scheme TradeCare365 on May 16, 2023. This is allegedly operated through Orionda Financials Ltd, registered in Seychelles, and by TradeCare365 Markets Ltd in Mauritius. The website claims that the broker would be regulated by the FSC Mauritius. We have not found the companies. This is likely to be fake. Stay far away and protect your financial health.

CNMV
ticker

May 16, 2023

Attention: Another Warning Against Trades Universal Scam!

The Spanish regulator CNMV has again warned against the broker scam Trades Universal, allegedly operated by the offshore entities Everest Capital Ltd and Universal Scale Investment Ltd in the Marshall Islands. It is already the second CNMV warning against the scam. Potential victims may lose their money via credit and debit card deposits. Stay far away and save yourself from losing your money and misusing your data.

May 15, 2023

Vanished Scam Broker Scam DaxGlobe Received After Another Regulatory Warning!

We have reported and warned about the vanished PandaTS-powered broker Daxiron and its successor brand DaxGlobe. Both have been operated by Synnfrey Sol Ltd, registered in the Commonwealth of Dominica. In Feb 2022, Daxiron vanished, was replaced by DaxGlobe, and continued to attack victims. Like Daxiron, DaxGlobe deceives its victims with fake documents to prove its legitimacy and show profits. On 8 May 2023, the Spanish CNMV warned against DaxGlobe, the website is offline.

May 2, 2023

Despite Regulatory Issues: Crypto Exchange ByBit With Rising Number Of Russian Website Visitors!

Founded in 2018 in the British Virgin Islands, crypto exchange ByBit is currently operated through Singapore-registered ByBit Fintech Limited. In the UK, ByBit has cashed in on an FCA warning and withdrawn from the UK. German regulator BaFin announced an investigation into ByBit in July 2021. In 2023, Japan's regulator FSA warned against the crypto exchange. Despite Western sanctions, Similarweb analysis shows that most website visitors come from Russia.

April 12, 2023

Attention: Another Regulatory Warning Against Red-Listed Vantage Group!

Vantage Prime Group LLC d/b/a VantageMarkets (VantageMarkets.co.uk) is regulated in the UK by the FCA. In addition, the VantageMarkets scheme runs offshore entities through which it performs onboarding of clients in the EEA region, in violation of the regulatory requirements of the FCA and ESMA regulators. Italian Consob has ordered the black-out of the VantageMarkets. Recently, Spanish CNMV issued another warning. We have assigned a Red Compliance rating to the Vantage Group.

April 12, 2023

Urgent Warning Against ITGSolution Broker Scam!

Spanish regulator CNMV has issued a warning against the broker scam ITGSolution. The operator is allegedly Dev Global LLC, registered in St. Vincent & The Grenadines and incorporated in August 2021. The scam's payment facilitators include PraxisPay for credit and debit cards, as well as BP Wallet and Jeton. The scam has been active since January 2023 and finds victims mostly in Europe and Canada. Stay far away and protect your financial health.

March 15, 2023

Attention: Investor Warning Against Broker Scams MilleniumOne And Its Related Schemes!

FinTelegram warned about the MilleniumOne broker scam in December 2023, which hunts for new victims via fraudulent crypto marketing campaigns. In the meantime, both financial market regulators CNMV in Spain and BaFin in Germany have also issued a warning. Whistleblowers have told us that the same scammers are also running the Exteom and Zigber broker scams. They all are white-label scams on the PandaTS platform. Stay very far away and protect your financial health.