Mango Group LLC (www.x-fortunes.com) - FX6 (https://fx6.xyz) - Trade 4 Nation (www.trade4nation.com, pagina https://client.trade4nation.com) - Velohld (www.velohld.com) 

Consob has ordered the blackout of 4 new websites that abusively offer financial services/financial products: 3 abusive financial intermediation sites and 1 site through which financial products are offered without a prospectus.

The Authority availed itself of the powers deriving from the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies) regarding the blackout of the sites of abusive financial intermediaries, as well as the power introduced by Law no. 8 of 28 February 2020, article 4, paragraph 3-bis, regarding the blackout of the website through which the abusive offer is made.

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

- Mango Group LLC (website www.x-fortunes.com);

- FX6 (website https://fx6.xyz);

- Trade 4 Nation (www.trade4nation.com website and its https://client.trade4nation.com page);

- Velohld (www.velohld.com website).

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 959.

The measures adopted by Consob can be consulted on its 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, there is a section on the homepage of the www.consob.it website, entitled "Watch for Scams!", which provides useful information warning investors about fraudulent financial schemes.

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Consob has also suspended, as a precautionary measure for a period of 90 days, an offer to the public residing in Italy of "Investment Plans" made via the www.velohld.com website (resolution no. 22867 of 25 October 2023).

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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:

- Mango Group Llc via the www.x-fortunes.com website (resolution no. 22864 of 25 October 2023);

- FX6 via the https://fx6.xyz website (resolution no. 22866 of 25 October 2023);

- Trade 4 Nation via the www.trade4nation.com website and its https://client.trade4nation.com page (resolution no. 22865 of 25 October 2023).

(Published in Consob Informa" no. 36/2023 of 30 October 2023)