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Malta’s Financial Watchdog Warns Global Investors Against ‘Bitcoin Revolution’ Scam

Published on: Friday 25 January 2019

Malta’s Financial Watchdog Warns Global Investors Against ‘Bitcoin Revolution’ Scam The Malta Financial Services Authority (MFSA) has issued a warning against an alleged global scam scheme known as “Bitcoin Revolution,” according to an official document published today, Jan. 25. The fraudulent entity also reportedly promotes its scheme by using advertising on unspecified social media platforms that redirects users to pages containing a number of prominent local personalities that claim to make large profits from crypto investments. The MFSA has stressed that to date no entity is authorized under its Virtual Financial Assets Act (VFA), which was passed in July 2018 to date.


News source: https://finance.yahoo.com/news/malta-financial-watchdog-warns-global-175600730.html

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