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Binetrix (website internet https://binetrix.com); - Bitbinx (website https://bitbinx.com and page https://trade.bitbinx.com);- E-trade (website https://www.e-trade.cc and  page https://client.e-trade.cc); - The Active Trades Ltd (website https://theactivetrades.com);- FX Modex (website https://fxmodex.com and pages https://client.fxmodex.com and https://webtrader.fxmodex.com).

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 (https://binetrix.com website);

- Bitbinx (https://bitbinx.com website and its https://trade.bitbinx.com page);

- E-trade (https://www.e-trade.cc website and its https://client.e-trade.cc page);

- The Active Trades Ltd (website https://theactivetrades.com);

- FX Modex (https://fxmodex.com website and its https://client.fxmodex.com and https://webtrader.fxmodex.com 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 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.

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 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 https://binetrix.com website (resolution no. 22759 of 28 June 2023);

- Bitbinx via the https://bitbinx.com website and its https://trade.bitbinx.com page (resolution no. 22762 of 28 June 2023);

- E-trade via the https://www.e-trade.cc website and its https://client.e-trade.cc page (resolution no. 22763 of 28 June 2023);

- The Active Trades Ltd via the https://theactivetrades.com website (resolution no. 22761 of 28 June 2023);

- FX Modex via the https://fxmodex.com website and its https://client.fxmodex.com and https://webtrader.fxmodex.com pages (resolution no. 22760 of 28 June 2023).

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