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Operating status: SCAM

On 12 May 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Cryptopremium247 is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/cryptopremium247
Cryptopremium247 claims to be founded in 2010. However, we found its domain had been created in 2022. How could it start its business in 2010? It is a red flag.
Cryptopremium247 also claims that it has offices in the UK and Malta. We searched the Malta Financial Services Authority (MFSA) but did not find matching result. That means the broker is not regulated in Malta.
Moreover, there is a warning against Cryptopremium247 issued by the United Kingdom Financial Conduct Authority (UK FCA). The regulator warned that Cryptopremium247 is providing financial services or products in the UK without authorisation.
The truth is that Cryptopremium247 is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
BrokersView found the domain "https://cryptopremium247.com/home.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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