UK Top Financial Watchdog—FCA Bans Clones of Two Major Financial Firms

According to a recent report, a notice has been issued to investors by the British Financial Conduct Authority (FCA) about a fake company posing as the Swiss Investment Corporation an FCA-authorised firm that offers crypto investments and another company which is a copy of Goldman Sachs,

FCA Has Blacklisted the Fake Domain Name

The financial regulator when further to backlist the company which has its domain name registered at The scam firm reportedly claims to offers services similar to the one found on the and carries out other fraudulent activity.

The fake company reportedly divides its proposed investments into the safest assets like precious metals, and the most successful, that is, major virtual currencies such as Ether (ETH), ripple…

What do you think?

0 points
Upvote Downvote

Binance to Block All U.S. Users, Launch Regulation-Compliant Spinoff Site

Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery