CONSOB Further Adds 5 New Websites Offering Financial Services to Its Blacklist

CONSOB has ordered the blackout of 5 new websites that abusively offer financial services.

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The Authority availed itself of the powers deriving from the "Growth Decree", on the basis of which CONSOB can order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization.

Below are the websites CONSOB has ordered to be blacked out:

• ​"Clearpoint-fin/Clearpoint Capital" (website https://clearpoint-fin.com and related page https://account.clearpoint-fin.com);

• ​"Cryptohold" (website https://cryptohold.pro);

• ​Vermillion Consulting LLC (websites https://tedex.live and https://tedex.trade);

• ​"InstantTrade.com" e "TradingSR" (website https://instanttrade.net and related pages https://panel.instanttrade.net and https://trading.instanttrade.net).

The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 785.