Warning List
Now you are reading
Subsequent cryptocurrency entities on alert lists

Subsequent cryptocurrency entities on alert lists

created Paweł Mosionek14 March 2019

This time warnings about illegally operating entities come to us from Canada and the United Kingdom. On "Blacklists" hit Canada Bitcoin Exchange Inc. and Kruger Exchange Ltd ..

Canada Bitcoin Exchange

The Canadian financial regulator, the British Columbia Securities Commission (BCSC), issued a warning against an entity offering to trade in cryptocurrency-based financial instruments without the required permits and licenses. On the website, we can see the company's offer addressed to potential customers from "Investment plans". SThe top return on investment is expected to be even several thousand percent within ... 1-2 days (!).

Company's data:

Address: 5811 Cooney Road, Suite 305 South Tower
Web page: www.canadabitcoinexchange.net

Kruger Exchange

The British regulator, the Financial Conduct Authority (FCA), announced the addition of an unregulated cryptocurrency broker, also known under the second name - Kruger Exchange Ltd, to the already extensive list of warnings by Marketing Essentials. This entity is registered in the Bulgarian capital, but also conducts marketing activities in the UK. It does not have any consents and permits.

Company's data:

Address: 1111 Sofia, Shipchensky St. 43 A, Bulgaria
Phone: 07418442870; 07520644243; 07520644248; 07520643986; 07520665812; 07520665867; 07520643578
e-mail: compliance@krugerexchange.com
Web page: https://www.krugerexchange.com

Official FCA message

We warn against using the services of unlicensed companies. Before opening an account, always make sure that the broker has the appropriate regulations and permits from the indicated institution supervising the financial market.

What do you think?
I like it
Heh ...
I do not like
About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.