Swiss Regulator FINMA Puts Crypto Investment Firm Alliance Capital on Its Warning List

  • Yuri Molchan
    📰 News

    The Swiss financial regulator FINMA is warning investors of another potential fraud-maker. Alliance Capital offers a wide range of the crypto investment products


Swiss Regulator FINMA Puts Crypto Investment Firm Alliance Capital on Its Warning List

The Swiss financial regulator FINMA is warning investors of another potential fraud-maker. Alliance Capital, judging by its website, offers a wide range of crypto investment products, including binary options– especially, this last one is often considered a scam already.

More curiously is that the majority of all these services offered by the company is provided on websites of third-party companies which have nothing to do with Alliance Capital.

Besides, the office of the company, supposedly based in Zurich, near the Crypto Valley, is doubtfully even there– as the FINMA investigators have found out.

Cover image via u.today
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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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