CONSOB | FinTelegram News

Category: CONSOB

May 7, 2024

Italian Consob Orders Black-Out of Five Illegal Financial Websites!

On May 3, 2024, the Italian financial watchdog Consob ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,075 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

April 30, 2024

Italian Financial Watchdog Orders Black-Out of Five Illegal Financial Websites!

On April 29, 2024, the Italian financial watchdog Consob ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,070 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

April 15, 2024

Consob Ordered Black-Out of 7 Websites Offering Financial Services Illegally.

On April 12, 2024, the Italian financial watchdog Consob ordered the blackout of seven illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,060 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

March 25, 2024

Italian Financial Watchdog Consob Orders Black-Out of Five Illegal Financial Websites!

On March 22, 2024, the Italian financial watchdog Consob ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,047 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

March 18, 2024

Italian Watchdog Consob Orders The Black-Out of Seven Illegal Financial Websites

On March 15, 2024, the Italian financial watchdog Consob ordered the blackout of seven illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,042 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

March 7, 2024

Italian Consob Orders Black-Out of Six Illegal Financial Websites!

On March 1, 2024, the Italian financial watchdog Consob ordered the blackout of six illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,029 since July 2019, when the “Decreto crescita” gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

February 26, 2024

Italian Financial Watchdog Consob Orders Black-Out of Five Illegal Financial Websites!

On Feb 23, 2024, the Italian financial watchdog Consob ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,029 since July 2019, when the Growth Decree gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

February 19, 2024

Italien Consob Orders Black-Out Of Five Abusive Financial Websites!

The Italian financial watchdog Consob has ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,024 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

February 7, 2024

Italian Consob Orders Black-Out Of Five Abusive Financial Websites!

The Italian financial watchdog Consob has ordered the blackout of five illegal online trading platforms. The number of websites blocked by Consob orders reached the round figure of 1,013 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

January 30, 2024

Italian Financial Watchdog Orders Black-Out of Five Illegal Financial Websites!

The Italian watchdog ordered the black-out of four illegal financial websites. The number of websites blocked by Consob orders reached1,008 since July 2019, when the “Decreto crescita” (“Growth Decree”) gave the Italien regulator the power to order ISPs to inhibit access from Italy to websites offering financial services without proper authorization. Below are the websites Consob has ordered to be blacked out:

January 15, 2024

Italian Consob Ordered The Blackout Of 5 Illegal Financial Websites, Thus Blocking A Total Of 1,000 Websites.

The number of websites Blocked by Consob orders reached the round figure of 1,000 since July 2019, when the "Decreto crescita" ("Growth Decree," Law No. 58 of 28 June 2019, Article No. 36, paragraph 2-terdecies) gave Italien regulator the power to order ISPs to inhibit access from Italy to websites through which financial services are offered without proper authorization.

December 18, 2023

Italian Consob Orders Black-Out Of Six Illegal Financial Websites!

The Italian financial watchdog Consob has ordered the blackout of six illegal financial websites. These are all illegally operating broker scams. The new order brings the number of websites blacked out to 995 since Consob’s authorization was enacted. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would be worth considering. Below are the websites Consob has ordered to be blacked out:

The SoftSwiss Connection: The War Between CoinsPaid and Ex-Director Frédéric Hubin!

A corporate war has erupted between Frédéric Hubin, former director of CoinsPaid, and the crypto payment processor itself. In an explosive LinkedIn post from April 2025, Hubin accuses CoinsPaid of processing payments for illegal SoftSwiss casinos, operating with negative equity, and being backed by Russian owners linked to controversial business networks. Meanwhile, CoinsPaid has partnered with Payabl in legal action against FinTelegram.

Hacking

Coinbase Breach Exposes Compliance Gaps: Criminals Stole Customer Data—$20M Bug Bounty Offered

Coinbase has revealed that unknown criminal actors exploited a zero-day vulnerability in a third-party library, enabling them to steal sensitive customer data. While no funds were lost, the breach highlights systemic compliance and operational risks in the crypto industry's cybersecurity infrastructure. The platform has responded with a $20 million bug bounty.

Sam Altman’s Olive Oil Moment: How Graza Became the First Cyber Society EVOO Brand

A Financial Times video interview with OpenAI CEO Sam Altman unexpectedly turned into a viral marketing miracle for a small olive oil brand called Graza. Altman was seen cooking with Graza’s “Drizzle” olive oil—meant for finishing, not cooking—sparking an online debate and catapulting the brand into global awareness. It’s a case study in how digitally native consumer brands can hijack moments.

Chasing René Benko’s Loot: New Investigations Target Benko’s Wife

In recent days, the Austrian Economic and Corruption Prosecutor’s Office (WKStA) has significantly expanded its investigations into the collapse of the Signa Group and its founder, René Benko. According to multiple Austrian media reports, new house searches have taken place at properties belonging to Benko’s wife, Natalie Benko, and his brother in Tyrol.

Crypto’s Dark Side: Money Laundering Scandals Are Reshaping the Cyber Finance Landscape

The $4.2 billion criminal settlement with Binance and the sentencing of its founder, Changpeng Zhao (CZ), was not an isolated event—it marked the beginning of a new regulatory era. In 2024 and 2025, multiple crypto platforms have come under fire for facilitating money laundering, especially in connection with online gambling, cyber fraud, and unregulated exchanges.