FinanCollege | FinTelegram News

Tag: FinanCollege

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

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.

Prison Update: Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles!

Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX, has been transferred to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles, California. This low-security facility is known for housing non-violent offenders and has previously held notable inmates such as Ramesh "Sunny" Balwani, former COO of Theranos.

Startup on Trial: Celsius Network and Alex Mashinsky – When Deception Dressed Up as DeFi Innovation!

Celsius Network promised financial freedom through crypto, only to collapse into one of the most catastrophic failures in the DeFi sector. Founder Alex Mashinsky portrayed himself as the champion of the unbanked—yet behind the scenes, Celsius engaged in reckless trading strategies, misled customers, and operated more like a hedge fund than a lending platform.