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CrescoNexus
On April 2nd, 2025, the Financial Conduct Authority (FCA) issued a warning against CrescoNexus, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/cresconexus
On April 2nd, 2025, the Financial Conduct Authority (FCA) issued a warning against CrescoNexus, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/cresconexusThe website of CrescoNexus doesn't disclose any valid information about their legal forms and regulatory compliance. Its domain name was registered in September 2024, which contradicts its claim of being founded in 2013. The Financial Conduct Authority (FCA) has issued a warning about CrescoNexus for the lack of the required authorization.
In essence, CrescoNexus 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. CrescoNexus appears to be a scam.
The website of CrescoNexus doesn't disclose any valid information about their legal forms and regulatory compliance. Its domain name was registered in September 2024, which contradicts its claim of being founded in 2013. The Financial Conduct Authority (FCA) has issued a warning about CrescoNexus for the lack of the required authorization. In essence, CrescoNexus 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. CrescoNexus appears to be a scam.
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