Beware of these cryptocurrency fraud websites listed by the FSMA – Cryptocurrency Scam News

The Financial Services and Market Authority has cautioned against the criminals using cryptocurrencies to scam the users and updated its list of the fraud crypto trade platforms. The list comprises a total of 131 websites that can are speculated as fake and lure people by claiming to render high profits. Such sites earn the confidence, and the victims are then unable to recover the funds

The Financial Services and Markets Authority, the financial regulator of Belgium, has lengthened its list of possible cryptocurrency fraud websites. The record now contains 131 sites that are known to deceive the investors of their funds. 

FSMA added nine more fraudulent networks, releasing the updated document on October 31. The authority remained the box of hundreds of complaints as consumers turned into victims following the fake websites. The shady sites offer investments claiming a secure, accessible, and lucrative path. Further, they lure the investors assuring high profits and support of specialists to guide through the finances. 

The listed criminal networks include:

  • www.bitcoinmarketscap.com
  • www.bitcointraderspro.com
  • www.coinsmex.com
  • www.crypto-sfs.com
  • www.etc-markets.co
  • www.fisherih.com
  • www.ltc-markets.com
  • www.stsroyal.com
  • www.tdscapitalgroup.com

Belgium has maintained the list since last year. Also, the record is compiled following the complaints filed by the victims

ADVERTISEMENT
Karol Rhodri
Karol Rhodri
Karol is a strong professional with a Master of Library & Information Science - MLIS focused in Mathematics and Computer Science from Empire Beauty School-State College. He has a strong belief that every technology-related company will surely adopt blockchain, it's just a matter of time.

Leave a reply

Please enter your comment!
Please enter your name here