Tag: Citadel Securities

Bitcoin price surge driven by BlackRockW
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June 24, 2023

Weekend Analysis: Crypto Segment Bullish Over BlackRock ETF And EDX Markets Announcement!

Bitcoin, the largest cryptocurrency, reached a new high in over a year on Friday, partly by BlackRock's intention to establish a Bitcoin exchange-traded fund (ETF). BlackRock, the world's largest asset manager, filed last week to introduce iShares Bitcoin Trust, an ETF that would utilize Coinbase Custody as its custodian and provide institutional investors with exposure to the cryptocurrency. Bitcoin has surged nearly 25% in value and reached a peak of $31,458.
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Retail investors launched campaigne to fire SEC Chair Gary GenslerI
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August 1, 2022

Interesting! Retail Investors Launched Petition To Oust SEC Chair Gary Gensler

The current U.S. SEC Chair, Gary Gensler, has become a highly controversial figure over the last couple of months. According to some, he is said to be a career bureaucrat who actually has no idea about regulation. The crypto scene around the largest U.S. exchange, Coinbase, accuses the SEC under Gensler of not bringing about proper regulation and only acting via enforcement regulation. On Change.org, a group of retail investors has started a petition titled "Fire Gary Gensler as SEC Chairman for obstruction of justice."
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BaFin warns against Pente24, PenteTrade24 and CitadelI
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January 8, 2022

Interesting! The Citadel Case with Cannabis Health meme shares

In Nov 2021, BaFin issued the first warning against Citadel LLC and PenteTrade24, banning the public sale of shares of the bankrupt Swiss Cannabis Health AG via the meanwhile suspended website Citadel Securities. A second BaFin warning followed on 6 Jan 2022. While the US-registered Pente Management LLC operates the online retail broker PenteTrade24, Citadel LLC is the well-known Chicago-based hedge fund; Citadel Securities is their brokerage arm.
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warning against clones of ATFX and CharlGateF
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December 11, 2021

FMA follows FinTelegram and warns against a clone of CySEC-regulated Charlgate!

Some clones of regulated financial service providers are currently active and chase naive victims. These clones are imposters and use the logos, brands, and credentials of the regulated companies and work with similar domains. Our whistleblowers recently noticed this with ATFX and CharlGate and informed us. This valued information enabled us to issue an investor warning against the CharlGate clone. Most recently, the FMA followed suit and warned against CharlGate. Be cautious and stay far away!
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investor warning against ATFX GlobalW
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November 15, 2021

Welcome! BaFin follows FinTelegram announcing investigations against Citadel Securities!

FinTelegram issued an investor alert against the ATFX Global broker scam a few days ago. We pointed out that this broker scam connected with Citadel Securities and Pente Management d/b/a PenteTrade24. The German BaFin announced today that it is investigating Citadel LLC and PenteTrade24 because they are publicly offering shares in Cannabis Health AG without the required capital market prospectus. It seems that the Citadel Securities scam is much more extensive than initially thought.
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investor warning against ATFX GlobalI
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November 13, 2021

Investor warning against a clone of CySEC-regulated ATFX Global!

After ten days without any warning issued, the FMA resumed its obligations and issued several warnings. Among them is one against the broker scam ATFX Global which attacks German-speaking investors with the domain www.atfxglobal.info. The scam also goes as TraderDesk and ATFX Users Portal 24 (https://users-portal.com). The operator of the scam is allegedly Cyprus-registered ATFX Global Markets (CY) Ltd. This is an investment firm regulated by CySEC with license number 285/15 that operates the ATFX broker with the approved domain www.atfx.eu.
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