Belgium Warns Citizens About Crypto Scams

Some government financial regulators are taking a more pro-active approach to cryptocurrency matters.

Take, for instance, Belgium’s Financial Services and Markets Authority (FSMA) that now warns its public about those cryptocurrency offers and exchanges that are not fully compliant with the Belgian law.


In September, the FSMA warned about crypto exchanges that failed to pay or communicate with clients.

Recently, it listed 21 websites that it considers to be scams. Of those, 5 have already gone off-line.

Others include: “k-coin dot com, cryptonettodotcom, dca-finance dot com, positive-ad  dot com, Capital-traders dot com, Iminage dot com, lacentraledescryptomonnaies dot com, trade-my-bitcoin dot net, and kryptowizedotcom.” The blacklist now totals 99 companies.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in accredited investor, balance, Banking, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital and tagged , , , , , , , , , , , , , , , . Bookmark the permalink.

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