The Swiss financial regulator Financial Market Supervisory Authority (FINMA) issued warning about a scammer broker calling itself SwissCrypto365.
The broker in question operates out of a website that does not provide much corporate information, although it does appear to largely target Swiss citizens for its scam. It also claims that it has various European offices, but does not provide information about any kind of license that it may have from another European regulator. It is likely deliberately providing conflicting information to confuse and mislead people into investing with them, which they will then be unable to withdraw.
Source
Watch out for “brokers” like this, always work only with licensed, regulated, reliable and transparent companies!
The broker in question operates out of a website that does not provide much corporate information, although it does appear to largely target Swiss citizens for its scam. It also claims that it has various European offices, but does not provide information about any kind of license that it may have from another European regulator. It is likely deliberately providing conflicting information to confuse and mislead people into investing with them, which they will then be unable to withdraw.
Source
Watch out for “brokers” like this, always work only with licensed, regulated, reliable and transparent companies!
