Dear Investor,
Based on our previous investigation into CRYPTOMARGEN, we found that it is not authorized or regulated by any legitimate financial regulatory authority and holds no valid license for forex trading. The platform claimed only to be registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, this registration merely granted it International Business Company (IBC) status, which does not confer any regulatory oversight or authorization to conduct financial or forex trading activities. Notably, the SVG FSA has publicly stated that it does not regulate or license such services.
More concerning, we have now confirmed that its registration with the SVG FSA has been officially cancelled. Combined with the fact that its website is no longer accessible, these developments strongly suggest that CRYPTOMARGEN was likely an unregulated or fraudulent broker and has now either ceased operations or disappeared with client funds.
We strongly advise all users to avoid any further engagement with this entity. If you believe you have been defrauded by CRYPTOMARGEN, we urge you to report the incident to your local law enforcement or financial regulatory authorities as soon as possible.
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