Swissquote Ordered to Combat Rising Crypto Impersonation

Swissquote Ordered to Combat Rising Crypto Impersonation

Swissquote—alongside its mixed-asset sibling Yuh—has been officially instructed by Swiss regulators to intensify efforts against the surge in phishing and impersonation schemes targeting its platforms. The Swiss Financial Market Supervisory Authority (FINMA) emphasized the vulnerability of Yuh, particularly its crypto-investment feature, which has become a prominent target of scam operations. According to Bloomberg, more than 600 fraudulent w...

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