On 4 Nov 2022, the Italian regulator Consob announced that it ordered the black-out of five illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 792. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization. Below are the sites to be blacked out:
- Smart Trade CFD with website https://smarttrade-cfd.com;
- Xtbinvesting with website www.xtbinv.io;
- Isaacs Partners Limited d/b/a Isaacs Partners with website https://isaacspartners.com;
- Coin Earners Ltd d/b/a CoinEarners with website https://coinearnersltd.com.
The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 792.
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