RATE Group | Bitcoin [BTC] and other cryptocurrency trading platforms among 21 websites flagged by Be…
46996
post-template-default,single,single-post,postid-46996,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin [BTC] and other cryptocurrency trading platforms among 21 websites flagged by Be…

27 Oct Bitcoin [BTC] and other cryptocurrency trading platforms among 21 websites flagged by Be…

Posted at 21:10h in Cryptocurrency News by

[ad_1]

On October 27, the Belgian Financial Services and Markets Authority [FSMA] made it clear that they were taking the cryptocurrency market seriously by updating the list of fraudulent cryptocurrency websites.

The financial watchdog announced that they had added twenty-one websites to the already existing list, taking the total number of flagged websites to a total of ninety-nine. The regulatory body stated:

“We have also updated the list of cryptocurrency trading platforms which was flagged for indications of fraud, adding 21 new suspect sites. This list now comprises a total of 99 websites.”

The body went on to say that all the fraudulent websites have an underlying common factor: the promise of a high rate of return. These false assurances lure in a lot of unknowing investors, resulting in a lot of them losing money in the process. The FSMA added:

“All these promises are worthless, however, if an offer is fraudulent, the promises that accompany it are equally…

[ad_2]

Source link

Tags:
, , , , , , , ,