The Malta Financial Services Authority (MFSA) has notified local and international investors about a cryptocurrency investment scheme called PrimeTradingbot. The company has claimed to work from an address in Malta and possess a financial license, but it has no registration with the MFSA, the regulator explained in a statement on Thursday.
PrimeTradingbot offers trading in Bitcoin (BTC), according to the MFSA. The company’s website was not available as of 08:50 UTC on Friday. The domain primetradingbot.com has been operational from September 6, 2018 with a one-year registration, the database of the Internet Corporation for Assigned Names and Numbers (ICANN) showed.
“The MFSA wishes to alert the public, in Malta and abroad, that Primetradingbot is NOT licenced or otherwise authorised by the MFSA to provide any investment...
This article appeared first on Cryptovest