简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:On Thursday, the Cyprus Securities and Exchange Commission (CySEC) issued a fresh alert against IMS Crypto as it is an unlicensed company that is operating using false information to deceive investors.
On Thursday, the Cyprus Securities and Exchange Commission (CySEC) issued a fresh alert on the operations of IMS Crypto, an unlicensed cryptocurrency company. The entity misrepresents having a CySEC trading licence, according to the Cypriot watchdog, by illegally using the information of the approved firm.
The ims-crypto.com website falsely claims to be operated by Initial Merit Secure Ltd. was placed on the warning list of CySEC on 9th February 2023 as it markets itself as a crypto fund managing company promising a monthly return of 15%.
According to the publicly displayed information on ims-crypto.com, not only is it licensed by CySEC, but it is also registered as a Cyprus Investment Firm (CIF) under license number 219/14. However, based on CySec's registration database, this CIF license actually belongs to Initial Merit Secure Ltd, thus proving that IMS is operating illegally as a clone.
As required by article 61E of the Prevention and Suppression of Money Laundering and Terrorist Financing Laws of 20071, as amended, CySEC officially informed the public to be aware of IMS as it is not a legitimate Crypto Asset Service Provide recognized by CySEC.
CySEC encourages retail investors to always confirm with the regulator's registry to validate the credibility of any company.
For traders and investors who think conducting due diligence on brokers is an overwhelming task, download the free WikiFX mobile application on Google Play/App Store. We are a global forex broker regulatory query platform that houses verified information of over 40,000 brokers in collaboration with over 30 national regulators. In just a few clicks, you will get all required information needed in relation the broker of your choice. So, what are you waiting for? Download now or visit www.wikifx.com for more!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
eToro strengthens its Australian market presence with the $80M AUD acquisition of Spaceship, expanding its long-term savings and superannuation offerings.
OANDA Japan Inc., a subsidiary of the global online broker OANDA Corporation, has announced the termination of its Tokyo Server MT4 Discretionary Plan. The broker has notified its clients that the plan will no longer be available after December 13, 2024, marking a shift in the company's services for clients using the MetaTrader 4 (MT4) platform in Japan.
In the midst of the 2021 crypto and NFT boom, celebrities flocked to the burgeoning market of digital assets, promoting Non-Fungible Tokens (NFTs) as the next big thing. Fast forward to 2024, the glitter has faded, and many celebrity-endorsed NFTs have lost their allure. The question remains: what happened to celebrities’ NFTs, and why should this serve as a stark reminder for everyday investors?
Updated forex analysis shows USD weakness, focusing on key levels like EUR/USD, DXY bearish trend, and pivot points for major currency pairs.