To be wary of CySEC's Clone

The Financial Markets Authority (FMA) of New Zealand issued a public warning regarding the Cyprus Securities Exchange Commission (CySEC) clone. The authority shared information about the clone.

ENTITY NAME: Cypress Securities and Exchange Commission

WEBSITES: www.cysec-regulatory.com; www.Cysecs.group; www.cysecgov.com; www.cysecsupport.online; www.cysec-support.online; www.cysecgov.com

ADDRESS: N/A

EMAIL: contact@cysecs.group; ThomasBa@cysec.si; regina.bosko@cysec.financial

FMA recommends caution if contacted by anyone claiming to be from the Cypress Securities Exchange Commission (CySEC) which is a Clone firm.

The Cyprus Securities and Exchange Commission (CySEC), has warned already that its website has been copied and scammers are impersonating its officials in a complex “recovery” scam.

CySEC has stated it has no authority or jurisdiction to collect fees from individuals. Previous scam victims are being contacted by CySEC impersonators via email and phone, then asked to pay fees and/or purchase cryptocurrency under the guise of recovering lost funds.

All investors and traders should be wary of CySECs clone and not fall for it. The genuine website is of the CySEC: https://www.cysec.gov.cy/en-GB/home/.

About CySEC

The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus, and the collective investment and asset management sector. It also supervises the firms offering administrative services that do not fall under the supervision of ICPAC and the Cyprus Bar Association, as well as Crypto-Asset Services Providers.

The mission of the CySEC is to exercise effective supervision to ensure investor protection and the healthy development of the securities market.

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