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CryptosMarket

Broker violations and abnormal records
  • Aug 04, 2024 BaFin issues a warning against 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.internet971
  • Aug 05, 2024 BrokersView has Reviewed that CryptosMarket is an Unregulated Forex Broker

    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.

    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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