Tag: FXPN

Leverate Update – FXVC, unregulated brokers, and the Balkans activities

Illegal Broker Activities tamir - March 24, 2021

FinTelegram recently brought an update on Leverate Financial Services Ltd ("Leverate"), which CySEC regulates with license number 160/11 (see the report here). At this point, we apparently did not have some information, as a whistleblower kindly pointed out. For example, the beneficial owners behind Leverate are also said to be associated with the FXVC (www.fxvc.eu) brand of Finteractive Ltd, another CySEC-regulated CIF with the license number 238/14. Likewise, we were not aware of other unregulated brands as well as boiler rooms in Belgrade. Here the update.

Investor Attention – Cyprus Leverate enters into a sponsorship with German Hertha BSC

PumaTS Ben - October 10, 2020

It's no secret that the CySEC-regulated forex retail industry loves football and is promoting its brands and acquiring customers by sponsoring well-known European football clubs. This was the case in the age of the largely fraudulent binary options industry when Banc de Binary sponsored English FC Liverpool. Currently, EverFX sponsors Spanish top club FC Sevilla and now Leverate is sponsoring German Hertha BSC to create awareness for its brand FXPN.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.