PRESS RELEASE

As part of its efforts to combat financial fraud, Consob has ordered the blocking of a total of 32 websites.

Specifically, orders were issued to shut down 10 websites that were unlawfully providing investment services and activities relating to financial instruments, and 22 websites that were unlawfully providing services for crypto-assets. Below is the list of websites ordered to be taken down:

- "Fxcalle"

- "Fint-xpert" (website www.fint-xpert.com);

- "Primevaultfx" (website https://primevaultfx.com);

- "Trade-zonex" (website https://trade-zonex.com);

- "Bravonexmarkets" (website https://bravonexmarkets.com);

- "Avantcapitaltrade" (website https://avantcapitaltrade.com);

- "alchemyxmarkets" (website https://alchemyxmarkets.com);

- "Capibullmarket" (website https://capibullmarket.com);

- "Truenorthoptions" (website https://truenorthoptions.com);

- "Skylinefx" (website https://skylinefx.co);

- "Oxelvian" (websites: https://oxelvian.it, https://oxelvian.net, https://oxelvian.io, https://oxelvian.tech and https://oxelvian-it.net);

- "Eryxavin" (websites https://eryxavin.net, https://eryxavin.org and https://eryxavinit.com);

- "Kapidex Nx" (websites https://kapidexnx.net and https://kapidexnx);

- "Entratezza" (websites https://entratezza.com and https://entratezza-ia.com);

- "Fortunezza" (websites https://fortunezza.com and https://fortunezza.org);

- "Frame 2U Avapro" (websites https://frame-2u-avapro.com and https://frame-2u-avapro.org);

- "Valoranco" (websites https://valoranco.com and https://valoranco.org);

- "Rango Opularis" (websites https://rangoopularis.net, https://rangoopularis.com, https://rangoopularis-ai.com and https://rango-opularis.com).

This brings the total number of websites blocked by Consob since July 2019 to 1,654, when the Authority was granted the power to order the blocking of websites belonging to unauthorized financial intermediaries. Of these, 168 relate to crypto-asset-related activities.

The Authority has exercised the powers conferred by the "Growth Decree" to block the websites of unauthorized financial intermediaries, as well as the powers provided for under the MiCAR framework (EU Regulation and Legislative Decree No 129/2024) regarding the blocking of websites through which crypto-asset services are provided to Italian investors without authorization.

The measures adopted by Consob can be consulted on the website www.consob.it. Internet service providers operating in Italy are currently taking steps to block these websites. For technical reasons, the actual blocking may take a few days.

It is important that investors exercise the utmost diligence in making fully informed investment decisions, adopting common-sense practices that are essential for safeguarding their savings: among these, checking in advance, for websites offering investment services and crypto-assets, that the operator through which one is investing is authorized and, for offers of financial products and crypto-assets, that the prospectus or white paper has been published.

Consob also draws attention to the evolving nature of deceptive practices that exploit the internet to steal users' money and personal data: there has been an increase in the use of new tools, such as emails and 'cloned' websites, fake profiles of politicians and celebrities, and content generated using artificial intelligence systems – such as images, voices or videos – with the aim of inducing investors to make harmful investment decisions.

To this end, Consob invites investors to consult the dedicated information sheet containing advice on how to protect themselves from financial fraud in the age of artificial intelligence and reminds them that its website features the 'Watch for scams!' section, where useful information is available to warn investors against abusive financial schemes.

 Press release PDF version