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dynasty of-cryptos

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Dynasty of Cryptos is a scam. Right?
CarrDan
Botswana
2023-10-19
ANSWER Given its regulatory status, Dynasty of Cryptos is a scam.Dynasty of Cryptos says it is based in the UK, but there is no evidence that it has a license from the Financial Conduct Authority (FCA).In addition, Dynasty of Cryptos gives three addresses in German and Switzerland. However, we could not find this company in the records of the Federal Financial Supervisory Authority (BaFin) or the Swiss Financial Market Supervisory Authority (FINMA). This means it does not follow the rules in these countries either.Basically, Dynasty of Cryptos has no regulation from any authority. It is very dangerous to trust this broker with investors' money, as there are no legal measures to protect the funds. Without regulatory oversight, investors are exposed to fraud and identity theft, and they cannot find a recourse to defend their interests and recover their money if something goes wrong. Therefore, to avoid such a disaster, we strongly suggest investors stay away from unlicensed brokers like Dynasty of Cryptos and instead choose a fully regulated one.
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