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Screenshot of a breaking news alert e-mail from Q2 2017
Canadian securities regulator the British Columbia Securities Commission (BCSC) informed that it has added to its Investment Caution List unregulated eSports company BitPlay Ltd.
BitPlay Ltd. claims to be an online eSports betting platform provider, located in London, England.
BCSC has recently become aware of BitPlay and its advertisement targeting British Columbia (BC) residents, offering them high-yield investment programs.
BitPlay is not registered to trade in, or advise on, securities or exchange contracts in BC.
BCSC urges BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
The official warning can be seen here.