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CryptosMarket
On Aug 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website cryptosmarket.org for lacking the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_08_02_cryptosmarket_org_en.html;jsessionid=6403E2934A5BA8EFCBA1BD0C95461F56.internet971
On Aug 5, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website cryptosmarket.org for lacking the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_08_02_cryptosmarket_org_en.html;jsessionid=6403E2934A5BA8EFCBA1BD0C95461F56.internet971According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).
In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website cryptosmarket.org for lacking the required authorization.
In essence, CryptosMarket 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.
CryptosMarket appears to be a scam.
According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).In addition, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the website cryptosmarket.org for lacking the required authorization.In essence, CryptosMarket 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.CryptosMarket appears to be a scam.
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