Investor Alerts - Public Warning on http://clever-exchange.com/
|Company:||Public Warning on http://clever-exchange.com/|
|Regulator:||Gibraltar Financial Services Commission|
|Date:||02 May 2023|
|Subject:||Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)|
The Gibraltar Financial Services Commission (“GFSC”) is issuing a warning regarding the website http://clever-exchange.com/. The website claims to offer services in relation to Distributed Ledger Technology (“DLT”) as well as cryptocurrency exchange services. The provision of services surrounding DLT is a regulated activity requiring authorisation from the GFSC and exchange of cryptocurrency is a registered activity requiring registration with the GFSC for AML/CFT Supervision.
This website http://clever-exchange.com/ is not authorised or registered with the GFSC and there are no applications pending for authorisation or registration. Furthermore, there are no active companies registered in Gibraltar with the name ‘Clever-exchange’ or similar. In addition, the website does not have permission to use the GFSC’s intellectual property.
We understand that this website may be issuing certificates, this certificate has not been issued by the GFSC. Furthermore, the GFSC do not issue this type of certificate to authorised firms in any instance.