TruthTag claims to be registered and regulated in The Bahamas. However, the local financial watchdog, the Securities Commission of The Bahamas (SCB), has added the company and its website address to its warning list, advising investors to stay away from this unauthorized firm. This is a big warning sign.
![](https://img.brokersview.com/bvdev/06F6FB75F0ED4EA4811AE2AF0EC4FC37.png)
In essence, TruthTag 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.
TruthTag appears to be a scam.
TruthTag claims to be registered and regulated in The Bahamas. However, the local financial watchdog, the Securities Commission of The Bahamas (SCB), has added the company and its website address to its warning list, advising investors to stay away from this unauthorized firm. This is a big warning sign.In essence, TruthTag 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.TruthTag appears to be a scam.