CONSOB orders ban on access to four unauthorized investment sites
Italy's Companies and Exchange Commission (CONSOB) has ordered a ban on access to four new unauthorized investment websites.。
Italy's Companies and Exchange Commission (CONSOB) has ordered a ban on access to four new unauthorized investment websites.。
The latest set of commands targets:
- "Eurotrade Forex" (website https: / / eurotradeforex.Net and related web pages https: / / client.eurotradeforex.net);
- "Bithebanx.pro "(website www.bithebanx.pro and related web pages https: / / webtrader.bithebanx.pro and https: / / mobtrader.bithebanx.pro);
- Billionaire Trade Ltd (website https: / / billionaire-trade.co.com and related web pages https: / / panel.billionaire-trade.co.com and https: / / trading.billionaire-trade.co.com);
- "Alfacapitalmarketsltd" (website https: / / alfacapitalmarketsltd.net and related web pages https: / / account.alfacapitalmarketsltd.net)。
In issuing the order, the regulator used the term "Decreto crescita" ("Growth Decree," Law No. 58 of June 28, 2019, article 36, paragraph 2 - tdecies).。The legislation authorizes CONSOB to order Internet service providers to block access to unauthorized investment websites aimed at Italian residents.。
Since July 2019, when Consob had the authority to order the blocking of websites of fraudulent financial intermediaries, the number of blocked websites has risen to 1,008.。Last week, regulators ordered a ban on access to websites from Alphascrypto, Blackridge Capital Management and Fast-MNG.。
Internet service providers are blocking these sites。For technical reasons, implementing the lockdown could take days。
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
