10.03.2025
CONSOB, exercising its new powers under the European industry regulations (MiCAR), has blocked (resolution no. 23433 of 19 February 2025) a website (www.intelligenza-ai.com) offering a token to the public for which the information document (the so-called white paper) had not been duly notified.
Last week, Consob had intervened (resolutions no. 23422 and 23423 of 12 February 2025), on the other hand, to block, under MiCAR, some operators who were providing services on crypto-assets without the proper authorisations. Moreover, Consob has issued a Warning on "squared scams", against those that present themselves as offering debt collection for those who have already been victims of a financial scam.
The intention is to warn savers about the phenomenon of so-called fake debt collection in which individuals who present themselves as self-proclaimed lawyers appointed by Consob make an offer to investors - including the unauthorised use of the logo or other distinguishing marks of Consob or other Authorities - to obtain, for a fee, the refund of sums of money lost in previous investments, without then providing any service.
Consob has also blacked out the following five abusive financial intermediation websites:
- “Revolutfx”, website www.revolutfx.net and its page https://client.revolutfx.net (resolution no. 23438 of 20 February 2025);
- Macan Holdings Ltd, website www.macanlimited-holdingsltd.com and its page https://trd.macanlimited-holdingsltd.com (resolution no. 23436 of 20 February 2025);
- “Emeraltrade”, website www.emeraltrade.com and its page https://trade.emeraltrade.com (resolution no. 23435 of 20 February 2025);
- “ITradinFX”, website www.itradingfx.com and its pages https://account.itradingfx.com and https://tradingapi.tradingchart.io (resolution no. 23437 of 20 February 2025);
- “TSAFGroup”, website www.tsafgroup.com and its page https://client.tsafgroup.com (resolution no. 23434 of 20 February 2025).
A total of six websites have been blacked out this week. The number of websites blacked out since July 2019, when Consob was given the power to order the black-out of websites of fraudulent financial intermediaries, has thus risen to 1232.