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CRYPTO LIFE
On August 12 2024, the Financial Conduct Authority (FCA) issued a warning against CRYPTO LIFE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/crypto-life
On August 12 2024, the Financial Conduct Authority (FCA) issued a warning against CRYPTO LIFE, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/crypto-lifeAccording to its website, it is regulated by the Financial Services Commission, Mauritius (the 'FSC Mauritius'), and Labuan Financial Services Authority (Labuan FSA). Upon investigation, no matching information was found in the FSC and FSA.
In addition, it also mentions UK regulation, but we found that the Financial Conduct Authority (FCA) issued a warning against CRYPTO LIFE, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, CRYPTO LIFE is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
CRYPTO LIFE appears to be a scam.
According to its website, it is regulated by the Financial Services Commission, Mauritius (the 'FSC Mauritius'), and Labuan Financial Services Authority (Labuan FSA). Upon investigation, no matching information was found in the FSC and FSA.In addition, it also mentions UK regulation, but we found that the Financial Conduct Authority (FCA) issued a warning against CRYPTO LIFE, believing this company might be providing financial services or products without proper authorization in the UK.In essence, CRYPTO LIFE is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.CRYPTO LIFE appears to be a scam.
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