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"IKON CFD" (internet www.ikoncfd.com, pages https://my.ikoncfd.com, https://webtrader.ikoncfd.com) - Shdlake Ltd (https://crystalscapitals.com, with page https://platform.crystalscapitals.com) - ACTV Global Markets Limited (https://tradeactive.com, page https://accounts1.tradeactive.com) - "ForexTimeLTD" (www.forextimeltd.com, page https://clients.forextimeltd.com) - "CRYPTONEYX" (www.cryptoneyx.com) 

Consob ordered the blackout of 5 new websites which are offering financial services illegally.

The commission availed itself of the new powers resulting from the "Decreto Crescita" ("Growth Decree"; Law no. 58 of 28 June 2019, Article 36, paragraph 2-terdecies), on the basis of which Consob can order internet service providers to block access from Italy to websites offering financial services without the proper authorisation.

Below are the sites Consob has ordered to be blacked out:

- Ikon Cfd (websitewww.ikoncfd.com and its pages https://my.ikoncfd.com and https://webtrader.ikoncfd.com);

- Shdlake Ltd (website https://crystalscapitals.com and its page https://platform.crystalscapitals.com);

- Actv Global Markets Limited (website https://tradeactive.com and its page https://accounts1.tradeactive.com);

- ForexTimeLtd (website www.forextimeltd.com and its page https://clients.forextimeltd.com);

- Cryptoneyx (websitewww.cryptoneyx.com).

The number of sites blacked out since July 2019, when Consob got the power to order the black-out of websites of fraudulent financial intermediaries, has thus risen to 860.

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 behaviours, essential to safeguard one's savings: these include, for websites that offer financial services, checking in advance that the operator with whom you are investing is authorised, and, for offers of financial products, that a prospectus has been published.

Please note that there is a section on Consob's website www.consob.it entitled "Watch for Scams!", which provides useful information warning investors about fraudulent financial schemes.

***

Consob has ordered the same subjects 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:

Order, pursuant to art. 7-octies,letter b) of Italian Legislative Decree no. 58 of 24 February 1998 (Consolidated Law on Finance) to cease infringement of art. 18 of Consolidated Law on Finance, put in place by: 

- Ikon Cfd through the website www.ikoncfd.com and its pages https://my.ikoncfd.com and https://webtrader.ikoncfd.com (resolution no. 22645 of 22 March 2023);

- Shdlake Ltd via the website https://crystalscapitals.com and its page https://platform.crystalscapitals.com (resolution no. 22646 of 22 March 2023);

- Actv Global Markets Limited via the website https://tradeactive.com and its page https://accounts1.tradeactive.com (resolution no. 22644 of 22 March 2023);

- ForexTimeLtd via the website www.forextimeltd.com and its page https://clients.forextimeltd.com (resolution no. 22643 of 22 March 2023);

- Cryptoneyx via the website www.cryptoneyx.com (resolution no. 22642 of 22 March 2023).

(Published in Consob Informa" no. 10/2023 - 27 March 2023)