Belgium’s FSMA Adds to List of Suspicious Crypto Platform Sites






Belgium’s Financial Services and Markets Authority (FSMA) recently added another 7 websites to its list of suspicious cryptocurrency sites. The list now includes a total of 120 websites identified by the FSMA as potential scams designed to defraud investors.

In a statement, the FSMA noted that these suspect platforms share a common approach when it comes to enticing unwary investors:

The principle remains the same: they offer you an investment they claim is secure, easy and very lucrative. They try to inspire confidence by assuring you that you don’t need to be an expert in cryptocurrencies in order to invest in them. They claim to have specialists who will manage your investments for you. You are told that your funds can be withdrawn at any time or that they are guaranteed. In the end, the result is always the same: the victims find themselves unable to recover their money!

The FSMA confirmed that it has continued to receive consumer complaints from investors who have used these platforms and reiterated its warning to sites that attempt to “swindle consumers.” The seven latest additions to the FSMA list include,,,,,, and

Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

Share This Post On
  • Google

Submit a Comment

Your email address will not be published. Required fields are marked *

  Subscribe To Newsletter
Subscribe to Our Newsletter

Keep up to date with the latest from DCEBrief

* we hate spam and never share your details.