Tag: Oro Markets

The crypto payment scheme MoonPay was established in 2019 by Victor Faramond and Ivan Soto-Wright. The company offers a comprehensive solution for converting fiat currencies to cryptocurrencies and vice versa, supporting various payment methods, including debit/credit cards, local bank transfers, and mobile payment options. MoonPay operates in over 160 countries and seems to have compliance issues.

The Spanish regulator CNMV warned against the broker scam Oro Markets earlier this week. It is allegedly operated by ECB7 Capital Ltd, registered in St. Vincent & The Grenadines. However, we have not found this offshore entity. It is likely to be a fake. Potential victims can lose their money via credit/debit cards and crypto. One of the payment facilitators is MoonPay. Stay far away and protect your data and financial health.