Investor Alerts - Public Warning on http://mevtrade.com

Company: Public Warning on http://mevtrade.com
Regulator: Gibraltar Financial Services Commission
Jurisdiction: Gibraltar
Date: 20230316 16 Mar 2023
Link: https://www.fsc.gi/news/consumer-alert-on-httpmevtradecom-455
Subject: Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Comments: The Gibraltar Financial Services Commission (GFSC) is issuing this consumer alert regarding the website http://mevtrade.com

Fraudsters have recently been using this website falsely claiming it to be that of The Badger Technology Company Limited (Bitso), a GFSC authorised firm and purporting to offer Distributed Ledger Technology (DLT), specifically an exchange service for various cryptocurrencies.

This false website uses the name and logo of the GFSC authorised firm, Bitso, and this website is not the genuine website of the firm. We understand that those behind this false website have contacted people via messaging apps falsely claiming to being from Bitso.