CONSOB | FinTelegram News

Category: CONSOB

December 11, 2023

Italien Regulator 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 total number of websites blacked out since Consob’s authorization came into effect to 989. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering.

December 4, 2023

Italien Consob Ordered The 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 total number of websites blacked out since Consob’s authorization came into effect to 983. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering.

November 25, 2023

Italian Financial Watchdog Consob Orders Black-Out Of Seven Illegal Financial Websites!

The Italian financial watchdog Consob has ordered the blackout of seven illegal financial websites. These are all illegally operating broker scams. The new order brings the total number of websites blacked out since Consob’s authorization came into effect to 977. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering.

CONSOB

November 20, 2023

Italian Consob Orders The Black-Out Of Five Illegal Financial Websites!

The Italian regulator Consob ordered the blackout of 5 illegally operating broker scams. The new order brings the total number of websites blacked out since Consob’s authorization came into effect to 970. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering. Below are the websites Consob has ordered to be blacked out:

November 13, 2023

Italian Consob Orders Black-Our Of Six Illegal Financial Websites

The Italian financial watchdog Consob has ordered the blackout of five illegal financial websites. These are all illegally operating broker scams. The new order brings the total number of websites blacked out since Consob’s authorization came into effect to 965. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out.

October 31, 2023

Strange Takeover Announcement In The Scam Environment with Mango Group and Milestone Targets!

In July 2023, a press release appeared stating that Mango Group LLC, registered in St. Vincent & The Grenadines, would acquire online broker FXONIC. This scam broker is operated by Milestone Targets LLC, also registered in SVG. The Italian Consob issued a warning against Mango Group LLC and its broker scam X-Fortune on 26 Oct 2023. It has since disappeared! Protect your money and avoid unregulated offshore brokers.

October 31, 2023

Warning Against Corny Solutions LLC And Their Broker Scam AlfaTrade!

In January 2022, Corny Solutions LLC was established in St. Vincent & The Grenadines. This offshore company is officially the operator of scams like ApricusFX or AlfaTrade. On October 30, 2023, the Spanish regulator CNMV issued a warning against AlfaTrade and Corny Solutions. Stay far away and protect your money and private data. In our review today, it seemed that AlfaTrade is about to disappear with money stolen from its victims.

October 23, 2023

Italien Conso Orders The Blackout Of Five Illegal Financial Websites!

The Italian financial watchdog Consob has ordered the blackout of five illegal financial websites. These are all illegally operating broker scams. The new order brings the total number of websites blacked out since Consob’s authorization came into effect to 955. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering.

October 16, 2023

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

The Italian financial watchdog Consob has ordered the blackout of five illegal financial websites. These are all illegally operating broker scams. The new order brings the total number of websites blacked out since Consob’s authorization came into effect to 950. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering.

October 7, 2023

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

The Italian financial watchdog Consob has ordered the blackout of five illegal financial websites. These are all illegally operating broker scams. The new order brings the total number of websites blacked out since Consob's authorization came into effect to 945. Unfortunately, other regulators in the EU do not currently have the authority to have websites blacked out. However, this would definitely be worth considering.

October 6, 2023

Urgent Warning Against the Uptos Broker Scam!

The German regulator BaFin has issued a warning against the scam broker Uptos, stating that it offers financial services without a license. Allegedly, the scam broker is operated through Uptos Ltd, which is registered in St. Vincent & The Grenadines. We have not found this company. The Italian regulator Consob has already blocked the scam broker's website for Italian residents in September 2020. Stay far away and protect your money and your private data.

September 21, 2023

Italian Watchdog Consob Finally Has Awakened From Hibernation And Ordered 5 Blackouts.

After many weeks of summer break, the Italian financial regulator Consob has finally returned with investor warnings. The long break was incomprehensible and irresponsible, as we have complained about here. In the press release of September 20, 2023, Consob announced the blackout of five illegal financial websites. This brings the total number of websites blocked for Italian visitors to date to 935.

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.