The Canadian regulator has warned investors that some crypto websites use fake regulatory stamps and dispute resolution organizations to appear legitimate.
Canadian Regulator Issues Investor Alert
In a recent development, the Canadian Securities Administrators (CSA) have issued an investor alert warning individuals about certain cryptocurrency websites that employ deceptive tactics to boost their credibility, deceive potential investors, and get them to deposit funds on fraudulent platforms.
The investor alert released by the CSA stated,
“In an effort to appear legitimate, the purported trading service providers claim they are certified by a fictitious authority or that they are members of a dispute resolution organization. One of them says its fictitious certification makes it “a reliable and trustable online trading platform.” Some of the purported trading services’ websites include links to these fake regulatory or dispute resolution organizations, which have their o
We współpracy z: https://cryptodaily.co.uk/2023/06/csa-warns-against-fake-crypto-regulatory-stamps
