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Lyreasf
Operating status: SCAM
Website: https://lyreasf.com/
Broker violations and abnormal records
On May 19, 2025, the Cyprus Securities and Exchange Commission (CySEC) added Lyreasf to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=81d7d8d3-5bf4-47c3-9470-37192ce39eb1
On May 19, 2025, the Cyprus Securities and Exchange Commission (CySEC) added Lyreasf to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=81d7d8d3-5bf4-47c3-9470-37192ce39eb1Lyreasf misuses logos and names of various financial regulators to create the illusion of authenticity and legitimacy. It hasn't provided any valid details to support its regulatory statements. This broker only purports a license number from the Cyprus Securities and Exchange Commission (CySEC) to appear licensed, but the CySEC has refuted that purportion in an official warning.
In essence, Lyreasf 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. Lyreasf appears to be a scam.
Lyreasf misuses logos and names of various financial regulators to create the illusion of authenticity and legitimacy. It hasn't provided any valid details to support its regulatory statements. This broker only purports a license number from the Cyprus Securities and Exchange Commission (CySEC) to appear licensed, but the CySEC has refuted that purportion in an official warning. In essence, Lyreasf 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. Lyreasf appears to be a scam.
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