Home / Posts tagged 'Zoo Broker Scam'

  • BaFin issues Cease and Desist orders against unauthorized German payment processors

    BaFin issues Cease and Desist orders against unauthorized German payment processors

    On October 19, 2020, German regulator BaFin issued two Cease and Desist Orders against the two unauthorized payment processors ION & Maga Consulting GmbH and Premium Service ECN GmbH. Both of them processed bank transfers for the illegal brokers BlueTrading, CoinBrokerz, and TradeDAX respectively.

     
  • BaFin issues another Cease and Desist Order to illegal payment processor TrustSecure

    The unauthorized and thus illegally operating German payment processor TrustSecure GmbH has been operating since 2017. Initially, the company was founded at the end of 2017 as SCRI-Alpha 961 GmbH as an asset management company. Already in January 2018, the company was renamed to Trustsecure GmbH and Serghei Grodetchi with official residence in Düsseldorf was appointed as managing director. The BaFin issued another cease-and-desist order to TrustSecure in the context of the broker scams FDM Trade Online and TradesPrime.

     
  • BaFin issues another Cease and Desist Order to illegal payment processor TrustSecure

    The unauthorized and thus illegally operating German payment processor TrustSecure GmbH has been operating since 2017. Initially, the company was founded at the end of 2017 as SCRI-Alpha 961 GmbH as an asset management company. Already in January 2018, the company was renamed to Trustsecure GmbH and Serghei Grodetchi with official residence in Düsseldorf was appointed as managing director. The BaFin issued another cease-and-desist order to TrustSecure in the context of the broker scams FDM Trade Online and TradesPrime.

     
  • The Marshall Islands – A cybercrime paradise promotes crypto to legal tender

    Crypto becomes legal tender On February 26, 2018, the sovereign Republic of the Marshall Islands (RMI), a tiny Pacific atoll nation with a population of...