CONSOB | FinTelegram News

Category: CONSOB

December 21, 2022

Italian Consob Orders Black-Out Of Four Fraudulent Financial Websites

On 19 December 2022, 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 815. 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:

December 12, 2022

Investor Warning Against CapitalBiz Broker Scam!

The Italian regulator Consob ordered the black-out of the website of the broker scam Capitalbiz on December 12, 2022. This scam is allegedly operated by Evolve Consulting LLC in St. Vincent & The Grenadines. Potential victims can lose their money via credit and debit cards and crypto deposits. As a payment processor, we have once again discovered iPassPay. Stay very far away and keep your financial health.

December 5, 2022

Italian Consob Orders Black Out Of Four Illegal Financial Websites

On 5 December 2022, Italian regulator Consob announced that it ordered the black-out of five illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 809. 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:

November 28, 2022

Consob Orders Black-Out Of Four Illegal Financial Websites!

On 25 November 2022, Italian regulator Consob announced that it ordered the black-out of five illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 805. 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:

November 18, 2022

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

On 16 November 2022, Italian regulator Consob announced that it ordered the black-out of five illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 801. 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:

November 7, 2022

Italian Watchdog Orders Black-Out of 7 Illegal Financial Websites!

On 4 Nov 2022, the Italian regulator Consob announced that it ordered the black-out of five illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 792. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:

CONSOB

October 30, 2022

Consob Orders Black-Out Of Five Abusive Financial Websites!

On 27 October 2022, the Italian regulator Consob announced that it ordered the black-out of five illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 785. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:

October 24, 2022

Consob Orders Black Out Of Six Financial Websites!

On 20 October 2022, the Italian regulator Consob announced that it ordered the black-out of six illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 780. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:

October 10, 2022

Consob Monday! Italien Watchdog Orders Blackout Of Five Broker Scams.

On Monday, 10 October 2022, the Italian regulator Consob ordered the black-out of six illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 768. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:

September 26, 2022

Consob Monday – Italian Watchdog Orders Black-Out Of 4 Financial Websites!

On Monday, 26 September 2022, the Italian regulator Consob ordered the black-out of four illegally operating online trading websites, increasing the total number of black-out orders to 758. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:

September 19, 2022

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

On Monday, 19 September 2022, the Italian regulator Consob ordered the black-out of five illegally operating online trading websites, increasing the total number of black-out orders to 754. Some of the illegal providers we already warned against. Consob has been authorized by the so-called "Growth Decree" to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization.

September 10, 2022

Welcome Back! Consob Orders Black-Out Of Five Illegal Broker Sites After A Five Week Break!

For more than a month, the Italian regulator Consob was apparently on summer break. August is the vacation month in Italy, but a regulator should be expected to maintain supervision of the financial markets even during the vacation period, but Consob took a break of almost six weeks. On 7 September 2022, the Italian regulator ordered the black-out of five illegally operatint online traging websites, increasing the total number of black-out orders to 749. Find the list below:

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.