Regulator: British Virgin Islands Financial Services Commission
Jurisdiction: British Virgin Islands
Date: 20231011 11 Oct 2023
Subject: Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Regarding markets, exchanges, and clearing and settlement entities

Regarding Emerging Digital Threats including ICOs and crypto-assets

Comments: The website address is falsely and fraudulently purporting to be a trading platform providing trading and investment business services to the general public. Trading and investment business services are regulated activities under BVI legislation and may only be carried out by a company that is licensed and regulated by the FSC to conduct investment business.

The FSC hereby informs the public that the persons operating the website address are not and have never been licensed or regulated to carry on investment business or any other financial services business in or from within the Territory. The public is also advised that the website address is not affiliated or otherwise connected to the BVI-registered company Deriv (BVI) Ltd., which is an entity licensed and regulated by the FSC. Details of entities licensed and regulated by the FSC can be found at the website address: