Italy CONSOB banned four illegal websites

Italy's regulator, CONSOB, recently uncovered four bogus websites. These websites are discovered to be imitating reputable financial firms to defraud investors. Here's a list of fraudulent websites.

Below are the websites Consob has ordered to be blacked out:

1. Bitmatic (website https://maticbit.com);

2. Xmtoro.com (website https://xmtoro.com and related page https://account.xmtoro.com);

3. 2139 Exchange (websites https://2139.online, https://2139.ltd and https://2139.fun);

4. Cyber Capital (website https://cybercapital.ltd).

According to the authority, The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 1140.

The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

Consob reminds investors to protect their resources. They must exercise the utmost care in making well-informed investing decisions and implementing common sense practices.

About CONSOB

The Commissione Nazionale per le Società e la Borsa (CONSOB) is the public authority responsible for regulating the Italian financial markets.

Its activity is aimed at the protection of the investing public.

 transparency and correct behavior by financial market participants;

 disclosure of complete and accurate information to the investing public by listed companies;

 accuracy of the facts represented in the prospectuses related to offerings of transferable securities to the investing public;

 compliance with regulations by auditors entered in the Special Register.

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