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Coinivate
On July 18, 2023, the Ontario Securities Commission (OSC) issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/coinivate
On July 18, 2023, the Ontario Securities Commission (OSC) issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/coinivateCoinivate fails to disclose its regulatory information and licensing data, which can be considered a scam indicator, as legitimate brokers always prominently display their accreditation and licenses.
Furthermore, the Ontario Securities Commission (OSC) has issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities.
In essence, Coinivate is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Coinivate fails to disclose its regulatory information and licensing data, which can be considered a scam indicator, as legitimate brokers always prominently display their accreditation and licenses.Furthermore, the Ontario Securities Commission (OSC) has issued a warning against Coinivate, stating that this broker is not registered in Ontario to engage in the business of trading in securities.In essence, Coinivate is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.On 17 October 2023, Swiss Financial Market Supervisory (FINMA) issued a warning that Coinivate was providing financial services or products in the UK without authorisation. You may visit: https://www.finma.ch/en/finma-public/warning-list/coinivate/
On 17 October 2023, Swiss Financial Market Supervisory (FINMA) issued a warning that Coinivate was providing financial services or products in the UK without authorisation. You may visit: https://www.finma.ch/en/finma-public/warning-list/coinivate/
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