On Monday, 10 October 2022, the Italian regulator Consob ordered the black-out of six illegally operating online trading websites related to five broker scams. The total number of black-out orders increase to 768. 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:
- Chartistake Markets Ltd d/b/a Chartistake with website https://chartistake.com;
- The Active Traders Ltd d/b/a TheActiveTraderz with website https://theactivetraderz.com;
- BiThebank with website www.bithebank.com.
The number of sites blacked out since July 2019, when Consob got the power to order the black-out of websites of fraudulent financial intermediaries, has thus risen to 768.