Belgium’s Financial Services and Markets Authority (FSMA) issued a warning against 28 scam websites, targeting Belgium citizens with fraudulent offers to buy crypto assets.
With the newly added scam domains the total number of entities against which FSMA has issued a warning since February 2018 has grown to 78.
In a statement the watchdog says it has “updated its list of cryptocurrency trading platforms regarding which it has received questions/complaints from consumers and vis-à-vis which it has identified signs of fraud.”
FSMA says it continues to receive complaints form consumers, who have fallen victim to scammers by investing in crypto assets through those platforms.
Scammers “try to attract customers online through fake cryptocurrencies and huge profits,” FSMA says, pointing out that “the only thing they actually do, however, is take the customers’ money and disappear. It is as simple as that.”
Here is a list of the newly added domains to the FSMA warnings list:
1st-cryptobank.com, bitc-international.com, boursebitcoin.com, ccg-investment.com, crownmanagers.com, crypto.bnd-group.com, crypto-access.com, cryptofrancecapital.com, cryptorama-bank.com, cryptos-marketplace.com, cryptowallet24.com, e-cryptoney.com, ecrypto-international.com, emarketstrade.com, executivecrypto.com, fair-oakscrypto.com, fast-coin.eu, globalmarkets-group.com, ldc-crypto-com, lgsinvestpartners.com, london-exchange.com, minedecrypto.com, mondial-investissement.com, placementcrypto.com, primecryptobank.com, truetrade-capital.com, vechain-wallet.com, and wallet-coins.com.
After investing in crypto assets through these websites, traders either “never recover the funds invested or they simply have heard nothing further from the company after investing their money”, the regulator warns, adding that “some of these platforms also offer other financial products with cryptocurrencies as underlying asset, such as savings accounts with supposedly guaranteed returns, servicing rights or derivative products such as CFDs.”