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FinInsider
On July 9, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website fininsider.ai. According to information available to BaFin, FinInsider is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_07_08_FinInsider_en.html
On July 9, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website fininsider.ai. According to information available to BaFin, FinInsider is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_07_08_FinInsider_en.htmlFinInsider claims to be regulated in various jurisdictions. However, it hasn't provided any valid licensing details to back up such claims. This is a warning sign.
In addition, the Federal Financial Supervisory Authority (BaFin) has investigated this platform and warned consumers about the services offered on the website fininsider.ai. According to information available to BaFin, FinInsider is providing financial and investment services on this website without the required authorization.
In essence, FinInsider 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.
FinInsider appears to be a scam.
FinInsider claims to be regulated in various jurisdictions. However, it hasn't provided any valid licensing details to back up such claims. This is a warning sign.In addition, the Federal Financial Supervisory Authority (BaFin) has investigated this platform and warned consumers about the services offered on the website fininsider.ai. According to information available to BaFin, FinInsider is providing financial and investment services on this website without the required authorization.In essence, FinInsider 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.FinInsider appears to be a scam.
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