Published: 26.04.2022
Article reading time:
1 min.
The US Securities and Exchange Commission (SEC) has added several unregistered organizations involved in the trading of cryptocurrencies to the list of “suspicious” companies.
According to the SEC press release, this list is for public information purposes and does not impose any obligations on the companies included in it. The list includes firms that, according to the SEC, are misleading investors by trying to impersonate popular cryptocurrency platforms.
Thus, the regulator notes that the companies SuperBinance and Superfxtrading were intentionally so named in order to take advantage of the popularity of the Binance and FTX cryptocurrency exchanges. Also on the list is Gemini M&A.
Now, the regulator has listed 247Crypto Trade, Bittrade Capitals and Bitpayfxpro for misleading information to attract non-U.S. investors. The list also includes Cryptobravos, Crypto-Trading Hub, Crypto Forex TradingLtd, Cryptoprofits, Inc., Xcryptodoubler and others.
The SEC notes that these firms provide false information about their ownership, registration and location. At the same time, the regulator does not indicate such companies as posing as others, and only calls them “unlicensed organizations” that process transactions.
Recall that the SEC presented a list of 28 “suspicious” cryptocurrency firms in January last year.
Source: Bits
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