Portugal Watchdog Issues Warning Against Blvck network

Portugal's Comissão do Mercado de Valores Mobillários (CMVM), the watchdog responsible for regulating the Portuguese financial market, issued a warning against Blvck network for carrying out financial intermediation activities without the proper authorization.

The regulator reported the following details of the entity:

Entity Name: Blvck network

Website: https://blvcknetwork.com/ 

Instagram: https://www.instagram.com/blvck_network/ 

The CMVM urges investors to consult the list of Financial intermediaries registered with the CMVM before conducting business with investment firms in order to ensure that a certain entity that provides investment services is authorised to carry out financial services activities in Portugal.

It advises any person or entity that has established any business relationship with persons claiming to represent the above-mentioned entity, may contact the CMVM via the Toll-free number 800 205 339 (support line) or by e-mail at cmvm@cmvm.pt.