HCMC Issues Warning Against Fraudulent Platforms
Table Of Contents
The Hellenic Capital Market Commission (HCMC), created under Greek law in 1991, is dedicated to safeguarding and enhancing the operation of Greece’s capital market, a pivotal element for the nation’s economic expansion.
As a part of the European Securities and Markets Authority (ESMA), HCMC oversees compliance with securities laws in Greece, including tender offers, as acknowledged by Thomson Reuters.
HCMC Flags Fraudulent Trading Websites
In a move to protect investors and maintain the integrity of the market, the HCMC issued warnings on March 15, 2023, and July 20, 2023, regarding fraudulent online trading platforms misrepresenting authorized companies.
VIE FINANCE&CAPITAL Warnings
The HCMC first alerted investors in March 2023 about certain fraudulent online trading platforms that were using misleading information identical or similar to VIE FINANCE AEPEY and CAPITAL Securities AEPEY, both supervised by the HCMC.
Specifically, VIE FINANCE AEPEY and CAPITAL Securities AEPEY confirmed they had no connection with the following websites:
- www.allcryptcapital.com (unlawfully using the name and licensing of CAPITAL Securities AEPEY)
VIE FINANCE Warnings
The July 2023 warning focused on websites misrepresenting VIE FINANCE AEPEY, which reiterated its lack of connection with the fraudulent online trading platforms listed in the previous warning and identified additional ones:
Fraudulent Websites List
The following is a comprehensive list of the flagged fraudulent websites:
| March 15, 2023 List | ||
|---|---|---|
| titancfd.com | crypheine.com | crypfrex.com |
| crypgiran.com | axicapitals.com | bitheet.com |
| crypbarry.com | bitwayne.com | axicapitalcfd.com |
| bitbary.com | cryptobary.com | make-crypto.com |
| bitopeer.com | crypruna.com | coinrace.com |
| bitdexio.com | taumpun.com | crypatlant.com |
| bitbarry.com | bitatlant.com | bitofia.com |
| cryptohox.com | btcamix.com | make-crypto.com |
| cryphox.com | crypaden.com | btcanyx.com |
| exchange-pro.online.com | bitevaio.com | crypsnex.com |
| btcatix.com | bitparet.com | bitmirc.com |
| bitwux.com | naerax.com | cryptoyos.com |
| tradeclay.com | mondialFx.com | up-bit.com |
| titan-cfd.com | ||
| July 20, 2023 List | ||
|---|---|---|
| bbit.space | bit24hrr.com | bit24hr.com |
| bitdelux.com | bitexchange.space | bitexchanege.com |
| bitglobaly.com | bitlyciax.com | bitlygax.com |
| bitparento.com | bitradexc.com | bitraxup.com |
| bitswap-trade24.org | bitxzobe.com | cladexbit.com |
| coinbitxrade.com | coindot.us | coinhqx.com |
| coinrace.space.com | coinregens.com | concoincenter.com |
| crytobitfx.com | cryptoexchangee.com | cryptotourbit.com |
| dash.fortissio-invest.com | deltaftx.com | electsbit.com |
| exchange.com | exchangesmart.org | exchanege.com |
| excoin24.net | excoinway.com | exgold.org |
| exbit24.net | exswibit.com | f-change.io |
| groxbitly.com | jexibit.com | moblcoin.com |
| molliebit.com | moonexbit.com | nexuschange.io |
| nicetrade.org | paycrypt.space | payfullcoin.com |
| payregcoin.com | poechange.com | regenbit.com |
| smartchange.in.net | swap24.org | towrbit.com |
| upp-bit.com | votbit.com | vcrypta.com |
| cwchange.co | bitflame.org | bitparento.com |
The HCMC urges investors to verify the authorisation and supervision status of companies and online trading platforms on both the HCMC website and the relevant competent authorities of other EU Member States before entering into any transaction.
It’s worth noting that the HCMC does not supervise markets of cryptoassets and services related to investments in cryptoassets.
In conclusion, investors are urged to exercise due diligence when interacting with online trading platforms, particularly in relation to investments in cryptoassets.
While the HCMC continues to work towards the protection and efficient operation of the capital market, investors themselves play a crucial role in maintaining market integrity by staying informed and vigilant.