Canadian regulator British Columbia Securities Commission (BCSC) has recently issued a warning against the companies Crypto Climax, Easemining, LAT Foundation Limited (LAToken) and BeFaster.fit Limited (BeFaster).
Crypto Climax, allegedly registered in the United Kingdom, offers investment packages with different rates of return and operates through website www.crypto-climax.com. The company, however, is not registered to trade securities and derivatives in British Columbia.
Easemining offers investment plans with different rates of return and operates through website www.easemining.com. The company it is not registered to trade in securities or derivatives in BC.
LAT Foundation Limited (LAToken) allegedly operates from Moscow, Russia through website http://www.latoken.com. The company offers offers an online cryptocurrency trading platform. However, LAToken is not registered as an exchange or a dealer in BC as required by law.
BeFaster.fit Limited (BeFaster) promoted an initial coin offering (ICO) of BeFaster (BFCH) tokens through website http://www.befaster.fit. BeFaster has not filed a prospectus in BC as required by law.
The regulator advises caution when dealing with trading platforms that have not been registered in the BCSC.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.