ANSWER Dear Investor,
XWise has very likely ceased operations or potentially absconded.
The platform previously claimed to be regulated by MWALI International Services Authority (MISA) under license number BFX2024164. However, upon our recent verification, we discovered that this license has been suspended. Furthermore, we found that on June 23, 2025, XWise was added to the warning list by the UK Financial Conduct Authority (FCA), which stated that the company may be providing or promoting financial services or products in the United Kingdom without the FCA's permission.
Given these serious findings, XWise exhibits strong indicators of potential fraudulent activity. If you are contacted by anyone associated with this platform, we strongly advise you not to share any personal information or engage in any financial transactions with them.
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