www.intelligenza-ai.com - “Revolutfx” (www.revolutfx.net, page https://client.revolutfx.net) - Macan Holdings Ltd (www.macanlimited-holdingsltd.com, page https://trd.macanlimited-holdingsltd.com) - “Emeraltrade” (www.emeraltrade.com, page https://trade.emeraltrade.com) - “ITradinFX” (www.itradingfx.com, pages https://account.itradingfx.com, https://tradingapi.tradingchart.io) - “TSAFGroup” (www.tsafgroup.com, pagina https://client.tsafgroup.com)

New Consob intervention related to cryptocurrencies to protect savers. For the first time, the Authority, exercising its new powers under European industry regulations (MICAR), has blocked (Resolution No. 23433 of 19 February 2025) a website (www.intelligenza-ai.com) offering a token to the public for which the information document (the so-called white paper) had not been duly notified.

Meanwhile, enforcement actions against financial abuse continue. Consob has blacked out the following 5 websites offering financial services without the proper authorization which, furthermore, it has ordered to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

• “Revolutfx” (website www.revolutfx.net and related page https://client.revolutfx.net) (Resolution No. 23438 of 20 February 2025);
• “Macan Holdings Ltd” (website www.macanlimited-holdingsltd.com and related page https://trd.macanlimited-holdingsltd.com) (Resolution No. 23436 of 20 February 2025);
• “Emeraltrade” (website www.emeraltrade.com and related page https://trade.emeraltrade.com) (Resolution No. 23435 of 20 February 2025);
• “ITradinFX” (website www.itradingfx.com and related pages https://account.itradingfx.com and https://tradingapi.tradingchart.io) (Resolution No. 23437 of 20 February 2025);
• “TSAFGroup” (website www.tsafgroup.com and related page https://client.tsafgroup.com) (Resolution No. 23434 of 20 February 2025).

A total of 6 websites have been blacked out this week. The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 1232.

The measures adopted by Consob can be consulted on the website www.consob.it. The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviors, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, for offers of financial products, that a prospectus or the white paper has been published.

To this end, Consob would remind you that on the website www.consob.it there is a section on the homepage, "Watch for Scams!", providing useful information to warn investors against financially unauthorized initiatives.

21 February 2025