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Binetrix (website internet; - Bitbinx (website and page;- E-trade (website and  page; - The Active Trades Ltd (website;- FX Modex (website and pages and

Consob has ordered the black-out of 5 new websites that offer 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:

- Binetrix ( website);

- Bitbinx ( website and its page);

- E-trade ( website and its page);

- The Active Trades Ltd (website;

- FX Modex ( website and its and pages);

The number of sites blacked out since July 2019, when Consob was given the power to order the black-out of websites of fraudulent financial intermediaries, has thus risen to 919.

The measures adopted by Consob can be consulted on the website

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.

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


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:

- Binetrix via the website (resolution no. 22759 of 28 June 2023);

- Bitbinx via the website and its page (resolution no. 22762 of 28 June 2023);

- E-trade via the website and its page (resolution no. 22763 of 28 June 2023);

- The Active Trades Ltd via the website (resolution no. 22761 of 28 June 2023);

- FX Modex via the website and its and pages (resolution no. 22760 of 28 June 2023).

(Published in Consob Informa" no. 24/2023 - 3 July 2023)