Canadian regulator BCSC warns against cryptocurrency broker Sussex Investment

fma warning

Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning today against a suspicious entity named Sussex Investment.

Sussex Investment is operating via the website and claims to be a cryptocurrency broker that offers cryptocurrency trading, initial coin offerings and trading in its own shares.

Sussex Investment had advertised in British Columbia (BC) and claimed to have an office at 1066 West Hastings Street, Vancouver, BC.

Sussex Investment is not registered to trade in, or advise on, securities or exchange contracts in BC.

The regulator has urged BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.

This is the second scam warning issued by the regulator this week.

Read Also: