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Illegal Broker Activities

August 2, 2022

Urgent Warning Against InvestingCrypto Broker Scheme!

We have received information from victims that the InvestingCrypto broker scam is aggressively targeting European consumers via its boiler room agents. The scam operator is allegedly CTech Solutions Ltd. registered in the Marshall Islands. As an Introducing Broker (IB), we have once again discovered Estonian Base IT OÜ d/b/a FinanCollege. Besides that, the scam also states the Australian crypto exchange TechMarket as a partner. Victims can lose their money via deposit using credit and debit cards. Stay far away.

January 21, 2022

Another black hole! Broker scam Invest International facilitated by Estonian FinanCollege!

Invest International is one of many white-label broker scams stealing money from consumers using cryptocurrencies and Estonian companies. The victims are referred through Estonian FinanCollege, which officially sells trading education packages. They make their deposits to the scam through GCG Cashier (https://cashier.gcg.technologies) and Bitcoin Today. These Bitcoins are then transferred to the wallets of the scammers. Like an all-consuming black hole Invest International absorbs the victims

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.