2023-05-08
Added · Updated
The Securities Commission of The Bahamas identifies 37 entities, including 247BinaryFx Capital Ltd and AccuratePredicts Corp, as unregistered and unlicensed to conduct securities trading or brokerage activities within The Bahamas. These entities are prohibited from operating registrable activities in the jurisdiction and are cited for making false claims of regulatory authorization on their websites. The notice warns the public that engaging with these entities or their agents constitutes a violation of the Securities Industry Act, 2011, and other relevant laws, exposing the entities to criminal prosecution and regulatory sanctions.
SECURITIES COMMISSION OF THE BAHAMAS PUBLIC NOTICE No. 2 of 2023 8 May 2023 RE: ENTITIES NOT REGULATED BY THE SECURITIES COMMISSION OF THE BAHAMAS This NOTICE is issued by the Securities Commission of The Bahamas (the Commission) pursuant to its authority under the Securities Industry Act, 2011, the Investment Funds Act, 2019, the Financial and Corporate Service Providers Act, 2020 and the Digital Assets and Registered Exchanges Act, 2020 (the Acts). It has come to the attention of the Commission that the entities listed below may be conducting activities that are either registrable/licensable or illegal under one or more of the Acts. The Commission hereby advises the public that none of these entities or their agents/representatives are registered with/licensed by the Commission. Additionally, none of the listed entities has applied to be registered/licensed by the Commission. Therefore, any registrable/licensable activity conducted, in or from The Bahamas, by these entities and their agents/representatives is in violation of one or more of the Acts. UNREGISTERED/UNLICENSED ENTITIES COMPANY NAMES WEBSITE 1 247BinaryFx Capital Ltd https://www.247binaryfx.com 247BinaryFx Limited 2 AccuratePredicts Corp https://www.accuratepredicts.com 3 AlphaExchangeLtd https://alphaexchangeltd.com 4 ArqueMarkt Corp https://www.arquemarket.com/en/index.html 5 AstroCryptoFx Corp https://astrocryptofx.com 6 AtlantisGlobalTrade Capital https://atlantisglobaltrade.com 7 BinaryEasyTrade Capital https://binaryeasytrade.com/index 8 Blockminingtech Capital Ltd https://blockminingtech.com Blockminingtech Limited 9 BTBD PLC https://www.sokdft.com 10 CapMar Ltd https://coinfox.life CapMar PLC
2 COMPANY NAMES WEBSITE 11 Coinmanna Capital Ltd https://coinmanna.net Coinmanna Limited 12 CryptoCamperLtd Corp https://www.cryptocamperltd.com 13 CryptoMarketFace Corp https://cryptomarketface.com 14 DigitalTradeCorporation PLC https://www.digitaltradecorporation.com 15 Dyod PLC https://www.dayodo.com 16 Forex Pro Trade Corp https://forexproio.com 17 FxPress Invest Corp https://www.fxpressinvest.com 18 FxProfit Planet Corp https://www.fxprofitsplanet.com 19 Fxtmonlinet Corp https://fxtmonlinet.com 20 HexoFirm Corp https://hexofirm.com 21 Honestum Ltd https://honestum.com 22 Investors Group Of East Gate Corp https://igegllc.online/investors/index.html 23 IprimeFxc Corp https://iprimefxc.com 24 LuxembourgRegionFx PLC https://luxembourgregionfx.com 25 Marketpips Corp https://marketpips.net 26 MegatonFx Corp https://www.megatonfx.com 27 Millennium Exchange Corp https://mellenniumexch.com/site/en 28 Pengeopt Corp https://www.pengeopt.com 29 Platinum Crypto Assets Limited https://www.platinumcryptoassets.com 30 Polaris Trades Corp https://polaristrades.net 31 ScalpStrategyPro Corp https://www.scalpstrategypro.com 32 SRS Mining Trading Platform https://srscryptominingfx.com 33 SuperfxTrades corp https://superxxtrades.com 34 SwissCay Capital Ltd https://swisscay.com 35 TradeHeavens Capital td https://www.tradeheavens.com TradeHeavens Limited 36 TradeRightly Corp https://www.traderightly.com 37 WillTrust Finance Corp https://willtrustfin.com BACKGROUND On their respective websites, each above-listed entity offers securities trading and brokerage services. Each website also makes the false statement that the entity is authorized and/or regulated by the Securities Commission of The Bahamas. By these false claims, each entity, its agents and representative commit an offence and are liable for criminal prosecution and/or regulatory sanctions under the relevant laws of The Bahamas. WARNING Individuals currently (or desirous of) conducting business with the aforementioned entities or their agents/representatives, should be cognizant that they are doing so with entities and/or agents who are not authorized or regulated by the Commission. Members of the public should exercise extreme caution in considering engagement in securities related activities with the aforementioned entities or their agents/representatives.
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NOTE THAT listings of the Commission’s registrants and licensees who are authorized to engage in activities regulated by any of the Acts, in or from The Bahamas, are located on the Commission’s website at https://www.scb.gov.bs/registrant-licensee-search/ . Whenever you come in contact with any entity who claims to be authorized and/or regulated by the Commission, you are advised to consult, in the first instance, this publicly available listing. If the entity in question is not listed there, you are advised to inform the Commission of that entity’s activities. Anyone who has a complaint and/or information pertaining to the aforementioned entities should contact: Enforcement Department Securities Commission of The Bahamas E-mail: info@scb.gov.bs or enfdept@scb.gov.bs .