News

Jan 29
Press release on the suspension of trading in Xior

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Xior, ISIN BE0974288202, on Euronext Brussels is suspended on the request of the company from 19/11/2020 at 11:15 CET until the publication of a press release.   Source: […]

Jan 29
Fraudulent online trading platforms: The FSMA updates its list of suspicious sites

During the last weeks, the FSMA continued to receive complaints from consumers concerning new fraudulent online trading platforms that are operating in the Belgian market. The approach remains the same. These trading platforms try to arouse consumers’ curiosity by placing scam ads on social media. In these fake ads, a well-known person often explains how […]

Jan 29
Concord Financial Consult Ltd

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Concord Financial Consult, a company that offers investment services. Moreover, this company has usurped the FSMA’s name and logo. Concord Financial Consult is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or […]

Jan 28
CertiK's identification of Crypto Cars as 'rug pull' was a false alarm

A temporary website outage of the project’s main site, among other factors, led to the error. 644 Total views 90 Total shares In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear […]

Jan 28
U.S. oil futures log a 6th straight weekly climb

Oil futures rose on Friday, with U.S. prices posting a sixth-consecutive weekly rise as the Russia-Ukraine crisis continued to put already tight global oil supplies at risk. Oil prices, however, settled below the day’s best levels. With the Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, due to meet next […]

Jan 28
CFTC Charges Five Entities and Five Individuals with $58 Million Foreign Currency Fraud and Misappropriation Scheme

Washington, D.C. — The Commodity Futures Trading Commission today announced it filed a civil enforcement action in the U.S. District Court for the Southern District of Florida, charging five individuals and five companies with fraud, misappropriation, and registration violations in connection with a fraudulent foreign currency (forex) scheme.  The complaint charges defendants Jase Davis of […]