AlphasCrypto Review
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About AlphasCrypto
AlphasCrypto is associated with alphascrypto.com. The Austrian Financial Market Authority (FMA) warned on August 31, 2023 that AlphasCrypto was not authorised to conduct licensable banking transactions in Austria, including commercial trading on its own account or on behalf of others under Article 1(1)(7) of the Austrian Banking Act; the warning was issued under Article 4(7) of that Act. The Spanish CNMV also listed alphascrypto.com and “ALPHASCRYPTO” in an unauthorized-entities warning dated September 18, 2023, stating that the entity was not registered and was not authorised to provide investment services or other activities subject to CNMV supervision.
The Malta Financial Services Authority (MFSA) classified AlphasCrypto as a clone using the details and website content of Alpha FX Europe Limited, an MFSA-licensed company with licence number C 96623. The MFSA stated that AlphasCrypto was not a Maltese registered company, was not authorised to provide financial services in or from Malta, and had no association with Alpha FX Europe Limited. The MFSA notice identified alphascrypto.com as the clone website and alphagroup.com as the legitimate company’s website. CONSOB announced on October 10, 2023 that it had ordered the blocking in Italy of alphascrypto.com for offering financial services without the required authorisation.
