It is reported that FTX has been selling off crypto assets and hoarding cash to pay off customer debts. Its customers’ accounts have been frozen since the cryptocurrency exchange collapsed in November 2022. One report said that FTX’s largest affiliate had

2023 saw a surge in enforcement actions by financial regulators around the world, particularly in the United States. An analysis covers penalties imposed by regulators including the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trad

According to the latest news released by the German financial regulator in January 2024, BaFin clearly stated that the following dealers are not authorized by the KWG and are not allowed to conduct banking business or provide financial services. ForIndex

The French Monetary Authority (AMF) and the Prudential Authority (ACPR) recently released the websites of a number of entities that are not authorized to provide foreign exchange and derivatives asset services in France, aiming to remind local investors a

On January 4, 2024, the British Columbia Securities Commission (BCSC) warned an unlicensed trader called TopMarkets. The regulator said TopMarkets describes itself as a company that provides a variety of financial trading services, including foreign excha

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), is gradually allowing retail investors to purchase spot cryptocurrency exchange-traded funds (ETFs). SFC chief executive Julia Leung said: “We are open to suggestions for using

There are often investment projects on the Internet that are said to be "guaranteed profits" and "low cost and high returns", but these are often accompanied by fraud and the blood and tears of the victims. Recently, a 65-year-old retiree from Kuantan

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the nltrade.io website. According to information held by BaFin, the website operator conducted banking business and provided financial and investment se

The UK Financial Services Compensation Scheme (FSCS) announced on Tuesday that a total of 12 companies had defaulted during August and September this year and were unable to repay any claims themselves. Customers of these companies are also reminded that

The wind blows on the shores of the South China Sea, and the tide surges on both sides of the Pearl River. From a national-level new area to a free trade pilot zone to a Guangdong-Hong Kong-Macao comprehensive cooperation demonstration zone, Guangzhou Nan