The Financial Markets Authority (FMA) has recently added another name to its list of unregulated firms.
The latest addition is the company Coinbrokerz. According to the regulator, Coinbrokerz has the hallmarks of a scam, including withholding clients’ funds, requesting clients to transfer additional funds before being able to withdraw investments and bank accounts that do not match the company name.
The official warning can be seen here.
LeapRate reminds that the UK regulator FCA has already published a warning about the company, noting it is not authorized in the United Kingdom and that it may be running an investment scam.