Belgian financiers lost $12M to crypto and forex rip-offs in…

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Belgian financiers lost $12M to crypto and forex rip-offs in 2015
In an Oct. 5 caution from the Financial Services and Markets Authority (FSMA), the guard dog approximated that financiers in Belgium had actually lost at least 10 million euros– approximately $11.8 million at the time of composing– in between May 2019 and September 2020 to deceptive platforms, consisting of those dealing with cryptocurrencies.”These platforms frequently utilize really aggressive techniques to attempt to encourage you to invest ever bigger amounts,” the monetary guard dog mentioned. Cointelegraph reported in May that Belgium’s financial inspectorate reported $3.2 million in losses due to cryptocurrency scams in 2019.

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