CONSOB | FinTelegram News

Category: CONSOB

CONSOB

April 14, 2023

Consob Orders The Black-Out Of 4 Abusive Financial Websites!

On 13 April 2023, the Italian regulator Consob announced that it ordered four illegal financial websites to be blacked out. The total number of black-out orders increase to 875. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out:

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 4, 2023

Urgent Warning Against Broker Scam EpicInvest!

The Italian Consob recently warned against the EpicInvest broker scam allegedly operated by St. Vincent & The Grenadines registered C.F Global Enterprise LLC. We have not found the company. Until recently, the scam was operated under the domain epicinvests.com. There have been warnings against the broker from investor advocates and lawyers since 2021. Stay far away. Protect your financial health and your data.

April 3, 2023

Italian Consob Orders Black-Out of 6 Abusive Financial Websites!

The Italian regulator Consob announced that it ordered five illegal financial websites to be blacked out. The total number of black-out orders increase to 866. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out:

March 27, 2023

Consob Orderes Black-Out of Five Illegal Financial Websites!

On 27 March 2023, Italian regulator Consob announced that it ordered five illegal financial websites to be blacked out. The total number of black-out orders increase to 860. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out:

March 21, 2023

Italien Consob Orders Block-Out Of Five Abusive Financial Websites

On 20 March 2023, Italian regulator Consob announced that it ordered five abusive financial websites to be blacked out. The total number of black-out orders increase to 855. The Italian financial watchdog has the authority to order ISPs to inhibit access from Italy to illegal financial websites. So far, the Italian regulator is, unfortunately, the only one in Europe with this authority. Below are the websites Consob has ordered to be blacked out:

March 3, 2023

Italian Financial Watchdog Orders Black-Out Of Six Abusive Websites!

On 2 March 2023, Italian regulator Consob announced that it ordered six abusive financial websites to be blacked out. The total number of black-out orders increase to 845. Consob has been authorized by the so-called “Growth Decree” to order ISPs to inhibit access from Italy to illegal financial websites. The black-out by Italian Internet service providers is ongoing, but it can take several days for the black-out to come into effect. Below are the websites Consob has ordered to be blacked out:

February 20, 2023

Italian Consob Orders Black-Our Of 6 Abusive Financial Websites

On 15 February 2023, Italian regulator Consob announced that it ordered six abusive financial websites to be blacked out. The total number of black-out orders increase to 839. Consob has been authorized by the so-called “Growth Decree” to order ISPs to inhibit access from Italy to illegal financial websites. The black-out by Italian Internet service providers is ongoing, but it can take several days for the black-out to come into effect. Below are the websites Consob has ordered to be blacked out:

February 13, 2023

Italian Consob Orders Black-Out Of 7 Illegal Financial Websites

On 2 February 2023, Italian regulator Consob announced that it ordered five abusive financial websites to black out. The total number of black-out orders increase to 833. Consob has been authorized by the so-called “Growth Decree” to order ISPs to inhibit access from Italy to illegal financial websites. The black-out by Italian Internet service providers is ongoing, but it can take several days for the black-out to come into effect. Below are the websites Consob has ordered to be blacked out:

February 3, 2023

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

On 2 February 2023, Italian regulator Consob announced that it ordered five abusive financial websites to black out. The total number of black-out orders increase to 825. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to illegal financial websites. The black-out by Italian Internet service providers is ongoing, but it can take several days for the black-out to come into effect.

January 31, 2023

Italian Watchdog Ordered Black-Out Of Seven Illegal Financial Websites!

On 30 January 2023, Italian regulator Consob announced that it ordered the black-out of seven illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 827. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to illegal financial websites. Below are the sites Consob has ordered to be blacked out:

January 16, 2023

Italian Consob Starts 2023 With The Black-Out Of Five Illegal Financial Websites!

On 12 January 2023, Italian regulator Consob announced that it ordered the black-out of four illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 820. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to illegal financial websites. Below are the sites to be blacked out:

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.