Belgium Adds 21 Websites to List of Fraudulent Cryptocurrency Trading Platforms

These Twenty-one websites have been added to the existing list, bringing the total to 99 blacklisted sites. They say are cryptocurrency trading platforms showing signs of fraud. Belgium’s Financial Services and Markets Authority have updated the list of websites. 21 New Suspect Sites; It's in addition to a new warning against cryptocurrency fraud, the regulator revealed: This Belgian Financial Services and Markets Authority (FSMA) made two crypto-related announcements on Friday. This list now comprises a total of 99 websites. It has also updated the list of cryptocurrency trading platforms for.  Which it has detected indications of fraud, adding 21 new suspect sites? It, therefore, does not include all players that may be unlawfully active in this sector. This agency elaborated that “this list is based solely on observations made by the FSMA on the basis of reports received from consumers. In this Belgium Adds 21 Websites to List of Fraudulent Cryptocurrency Trading Platforms of The list of 99 websites includes these 21 newly added sites: > afaeu.com, bk-coin.com, capital-traders.com, cryptoallday.com, cryptonetto.com, cryptosafe.tech, dca-finance.com, elos-patrimoine.com, finances-markets.com, iminage.com, investissement-crypto.com, kryptonexlabs.com, kryptowize.com, london-exchange.net, lacentraledescryptomonnaies.com, parel-invest.com, positiva-ad.com, save-coins.com, tradabank.com, trade-my-bitcoin.net, and vip-brokers.com.  This FSMA further emphasized that there is no current supervision of online platforms active in the cryptocurrency sector. It’s FSMA’s Latest Warning. In its warning against cryptocurrency fraud, the FSMA noted that the form of fraud varies such as involving of the purchase of cryptocurrencies, they are savings accounts based on cryptocurrencies, management agreements, ICOs, etc they are adding: Belgium Adds 21 Websites to List of Fraudulent Cryptocurrency Trading. In spite of prior warnings by the FSMA, cryptocurrency fraud continues to trap ever more victims in Belgium. They often involve a very high rate of return the ease of withdrawing money. On these Platforms of The agency has asserted that these fraudulent schemes make similar promises. It which means that even if the market collapses and they will recover at least your initial investment. This funds deposited are guaranteed (often at 100%).  It’s in March these Brussels Times was reported that Belgian tax authorities had started hunting for cryptocurrency investors. It which has makes this a very safe type of investment the regulator wrote. All these promises are worthless, however: if an offer is fraudulent, the promises that accompany it are equally so. However these tax authorities are facing challenges since this management of cryptocurrency assets happens through impenetrable foreign trading platforms of the news outlet conveyed. It’s anyone speculating on the cryptocurrency market has must pay tax of 33% on gains made, and declare these within the section miscellaneous income on their tax return the publication detailed. [SOURCE](https://news.bitcoin.com/belgium-fraudulent-cryptocurrency-trading-platforms/)