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Maple Bit (aka Maple Token)
Operating status: SCAM
Broker violations and abnormal records
On January 20, 2024, the Securities Commission of British Columbia (BCSC) issued a warning against Maple Bit, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2025/maple-bit
On January 20, 2024, the Securities Commission of British Columbia (BCSC) issued a warning against Maple Bit, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2025/maple-bitAccording to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA). In addition, it also mentions MSB registration at the bottom of the webpage. As we all know, MSB does not have the right to regulate foreign exchange.
In addition, the Securities Commission of British Columbia (BCSC) issued a warning against Maple Bit, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC
In essence, Maple Bit 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.
Maple Bit 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, it also mentions MSB registration at the bottom of the webpage. As we all know, MSB does not have the right to regulate foreign exchange. In addition, the Securities Commission of British Columbia (BCSC) issued a warning against Maple Bit, urging BC residents to exercise caution because the company is not registered to trade in, or advise on, securities or derivatives in BC In essence, Maple Bit 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. Maple Bit appears to be a scam.Maple Bit continues to operate under a new domain name and trader name and conduct fraudulent activities to steal funds. As a result, the BCSC has updated its warning against Maple Bit, warning the public to stay away from this unauthorized company.
Maple Bit continues to operate under a new domain name and trader name and conduct fraudulent activities to steal funds. As a result, the BCSC has updated its warning against Maple Bit, warning the public to stay away from this unauthorized company.BrokersView found that the domain "https://maple-token.com/" "https://maple-bit.com/"are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://maple-token.com/" "https://maple-bit.com/"are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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