Tag: BTC-Markets

Spanish CNMV issues 14 new investor warnings!

CNMV tamir - May 10, 2022

The Spanish regulator CNMV issued 14 new warnings against websites offering regulated financial products without permission. Some of the warned scams and their operators like BTC-Markets or SwissFXM we know and have issued warnings in the past. We will take a closer look at the other warned providers and bring detailed reports soon. It is always interesting for our research team to compare the regulators’ findings with ours. Below is the list of new warnings.

Investor Warning – Don’t fall for the BTC-Markets crypto scam

FMA tamir - February 16, 2021

Cryptocurrencies are currently a gigantic hype in social media thanks to Elon Musk and other celebrities. Within just under two months, the price went from $20,000 to nearly $50,000. The bull run seems to have no end. Therefore, it is easy for scammers and their boiler room agents on social media to acquire new customer victims for their crypto scams. BTC-Markets (www.btc-markets.com), operated through the offshore entity Sunstar Holdings Ltd in St. Vincent and the Grenadines, is one of these scams. Many victims have already fallen for it.

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