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Richprime Finance
Regulators:
https://www.richprimefinance.com/
Richprime Finance is an unlicensed trading platform.
The platform purports to offer cryptocurrency trading services and is allegedly registered in the United Kingdom under registration number 11439403. However, upon checking the Company House (CH) page, the registered company associated with this number is EAGLEBIT INVESTMENT SOLUTION LTD, which contradicts the platform's claims and was dissolved on December 3, 2019. This clearly indicates that the platform has provided misleading registration details.
Furthermore, it is allegedly based in the UK, and upon verification with the Financial Conduct Authority (FCA), it was discovered that the FCA has not granted it authorization. As a result, the FCA has issued a warning against it.
It appears that Richprime Finance is a fraudulent scheme. Allowing it to hold or manage investors' funds is risky, as there are no legal protections in place to secure the funds. To have a safer trading experience, it is advised to steer clear of unlicensed platforms like Richprime Finance and instead choose those under strict supervision.
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