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Dashstamp

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Risk Level - High

Scam Evidence & Warnings

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The Germany BaFin Added Dashstamp into Its Warnings On 13 Oct 2022, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Dashstamp did not have authorisation under the KWG to conduct banking business or provide financial services. You may visit: https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2022/meldung_2022_10_12_dashstamp_en.html;jsessionid=8067CFBEA8ED9B9406415518E360ADC8.2_cid503

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BrokersView has Reviewed that Dashstamp is an Unregulated Forex Broker Dashstamp claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA. That means the broker is not regulated in the UK. Moreover, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that Dashstamp did not have authorisation under the KWG to conduct banking business or provide financial services.The truth is that Dashstamp 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, it is a scam.

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BrokersView has identified that Dashstamp's website is currently offline BrokersView found that the domain "https://www.dashstamp.pro/" 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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