The Belgian authorities published a list of nineteen cryptocurrency trading firms that it received complaints about.
The regulators state that these platforms indicate clear signs of fraud.
Belgium’s Financial Services and Markets Authority recently warned about fraudulent cryptocurrency trading platforms. The agency published a list of nineteen cryptocurrency platforms it has in their words “received important questions as well as complaints from consumers about which has established signs of fraud,” the agency recently wrote.
They platforms in question are: 01crypto, Finance-mag, Gme-crypto, Gmtcrypto, Good-crypto, Mycrypto24, Nettocrypto, Patrimoinecrypto, Btc-cap, Capital-coins, Coinquick, Cryptavenir, Crypto-banque, Crypto-infos, Cryptos.solutions, Cryptos-currency, Ether-invest, Eurocryptopro, and Ydconsultant.
The regulatory agency further emphasized this list does not include all questionable crypto-trading platforms – only the ones which consumers have recently filed reports about.
Burgeoning Consumer Complaints
Belgium’s Financial Services and Markets Authority noted that several new platforms have emerged on the web, using similiar methods to lure investors. “They claim to offer the one of the best trading platforms on which both newbies and professionals can trust” and trade on instantaneously, the financial regulatory body detailed.
Complaints that Belgium’s Financial Services and Markets Authority received included customers which were unable to reclaim their invested funds as well as customers unable to reach the company staff once having invested.
Source/More: Belgium Warns of Crypto Trading Firms ~ CryptoBuzz™