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Cryptglobalmarkets

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Risk Level - High

Scam Evidence & Warnings

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The UK regulator FCA added Cryptglobalmarkets to warning list On 29 April 2024, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Cryptglobalmarkets was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/crypto-global-markets-https-cryptglobalmarketscom

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BrokersView has reviewed that Cryptglobalmarkets is an unregulated broker According to its website, it claims regulated by the Vanuatu Financial Services Commission (VFSC), and Securities Investment Business Law (SIBL). Upon investigation, no matching information was found in the VFSC and SIBL.In addition, it claims regulated by the Financial Conduct Authority (FCA). Upon investigation, we found that the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Cryptglobalmarkets was providing financial services or products in the UK without authorisation.The truth is, Cryptglobalmarkets is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Cryptglobalmarkets is a scam.

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BrokersView has identified that Cryptglobalmarkets's website is currently offline BrokersView found that the domain "https://cryptglobalmarkets.live/" 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.

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Is EA allowed during the transaction with Cryptglobalmarkets? We strongly advise against engaging with Cryptglobalmarkets, as it appears to be a potentially fraudulent platform.Our investigation reveals that the regulatory information provided by Cryptglobalmarkets is false. The company claims to be under the jurisdiction of the Financial Conduct Authority (FCA), but the FCA has issued a warning, identifying Cryptglobalmarkets as an unauthorized firm operating in the UK.Given these circumstances, Cryptglobalmarkets presents significant risks of fraudulent activities. To protect themselves, investors are strongly urged to steer clear of Cryptglobalmarkets and opt for fully regulated brokers instead. View Source

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