Press release of 2 May 2025 - CONSOB AND ITS ACTIVITIES
PRESS RELEASE
Consob has ordered the black-out of 4 new websites through which services for crypto-activities are abusively provided.
The Authority made use of the powers introduced by the MiCAR (Regulation (EU) 2023/1114 and Legislative Decree No. 129 of 5 September 2024) regarding the black out of websites through which crypto currency services are provided to Italian savers without the prescribed authorisations.
Below are the websites Consob has ordered to be blacked out:
- “Egplus.vip” (website https://egplus.vip);
- “Egalite.bond” (website https://egalite.bond);
- Arbismart UAB (website https://arbismart.com and related page https://dashboard.arbismart.com);
- “Blockbyteq” (website https://blockbyteq.top).
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 1304.
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 to make informed investment choices, adopting common sense behaviours, 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.
