Maxigrid Case – CySEC receives €75.000 for not finding violations and not supporting victims!
CySEC-regulated investment firm Maxigrid Limited of Roy Almagor and Ekaterina Pedosa is in the spotlight of FinTelegram. Our documents prove beyond any reasonable doubt that Maxigrid processed payments for broker scams through its unlicensed and CySEC-unauthorized crypto platform BitandBuy, as well as through its bank account at Lithuania-based GlobalNetInt UAB. Among those facilitated scams are RoyalsFX or LincolnFX, against which numerous regulators have issued warnings. While the victims are still waiting for their money, the CySEC has settled with Maxigrid and received €75,000 on behalf of the Republic of Cyprus.