The CONSOB adds Blockbyteq to its warning list On May 2, 2025, the Italian Companies and Exchange Commission (CONSOB) ordered Blockbyteq to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-2-may-2025/718268

BrokersView has reviewed that Blockbyteq is an unregulated broker According to its website, it does not display any valid regulatory information on the website, and even some basic company introductions are not displayed. This is a very unreliable behavior, and investors are advised to be careful and discern. In addition, the Italian Companies and Exchange Commission (CONSOB) ordered Blockbyteq to be blacked out since it offers financial services illegally in Italy. In essence, Blockbyteq is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Blockbyteq appears to be a scam.

BrokersView has identified that Blockbyteq's website is currently offline BrokersView found that the domain "https://blockbyteq.top/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Is Blockbyteq a scam? Dear Investor, Blockbyteq presents multiple warning signs that strongly indicate it is an unreliable and potentially fraudulent entity. Lack of Transparency: The platform fails to display any valid regulatory information on its website—not even basic company details. This lack of transparency is highly suspicious and suggests an attempt to evade scrutiny. CONSOB Blackout Order: The Italian Companies and Exchange Commission (CONSOB) has officially ordered Blockbyteq to be blacked out, stating that the firm is offering financial services illegally in Italy. Such a directive reinforces serious concerns about its legitimacy. Given these alarming red flags, Blockbyteq appears to be a scam. Investors should avoid this platform entirely to ensure their funds remain secure. View Source