The New Zealand regulator warned against three cryptocurrency scam projects

The New Zealand regulator warned against three cryptocurrency scam projects
The New Zealand Financial Markets Authority added three allegedly fraudulent projects to its “warning list” for investors, according to Crypto Globe. This time, the authorities called on the public to stay away from companies Cryptogain, Russ Horn and Zend Trade.

These startups have been included in the “Suspected Scam” section. The regulator comments: “We believe that there are signs of fraud in the activities of these companies or people. We strongly advise you not to deal with them. ” The full blacklist can be found here.

CryptoGain reminds BitConnect fraudulent project, promising investors a huge daily profit. The site CryptoGainLimited.com promise 2.6% per day. In addition, the company offers cloud mining packages (with a weekly ...
Read more about "The New Zealand regulator warned against three cryptocurrency scam projects" on coinatory.com

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