Tag: Europe Trade Capital

FMA follows FinTelegram and warns against Europa Trade Capital

Illegal Broker Activities Ben - April 19, 2022

On 4 April 2022, FinTelegram issued a warning against the broker scam Europa Trade Capital, which deployed the BitIQ to chase after victims. On 15 April 2022, the Austrian Financial Market Authority (FMA) also issued a warning against this fraud. In our initial review, we exposed Zcoinpay a/k/a Coinsxo as the facilitating crypto payment processor. Europa Trade Capital is still active and hunting for new victims in Europe. Please stay far away, and protect yourself from financial loss and the misuse of your data.