BC Securities Commission Cautions September 2023 and October 2023

The British Columbia Securities Commission issues investment cautions regularly.

10/11/2023 – BC Securities Commission issues caution against Otrade

Otrade claims to be in the U.K. and offers trading services in crypto. Its services are offered in British Columbia, but I was denied permission to access its websites: ottrade.io and toroc.io

10/05/2023 – BC Securities Commission issues caution against KCCCoin

KCCCoin claims to be an investment company that specializes in cryptocurrencies. Its website was accessible, and lists the name KCCCoin FINANCIAL USA, Inc. Since the website does not include a registered office, I was unable to confirm that this company is incorporated in any U.S. jurisdiction.

A press release using the same branding mentioned KCCCoin FINANCIAL INC. in London, England. A search of the Companies House database for companies in the UK did not return any results for “KCCCoin FINANCIAL INC.” A search for “KCC” did return 190 companies, but at least after a cursory review, none of them appeared related to KCCCoin.

09/29/2023 – BC Securities Commission issues caution against Pinnacleventures LTD

Pinnacleventures is located in British Columbia and offers investment plans for trading in cryptocurrencies, however, it is not registered with the BCSC. Permission to access it’s website – https://pinnacle-ventures.online – was denied.

09/27/2023 – BC Securities Commission issues caution against Taurus

Taurus claims to be located in Colorado and offers investment advisory services in crypto assets in British Columbia. It is not registered with the BCSC. Its websites were accessible. It looks like it’s a trading platform, but something about it seems sketchy. If you know more about it, please contact us.

09/27/2023 – BC Securities Commission issues caution against Audemars Group

Audemars Group claims to be located in Switzerland and offers crypto trading services. Website unaccessible.

09/27/2023 – BC Securities Commission issues caution against Altrix Edge

Altrix Edge claims to be a cryptocurrency and CFD trading platform powered by Artificial Intelligence (AI). It has a bunch of websites and Google auto-completed to “altrix edge scam”

• https://altrix-edge.com
• https://altrix-edge.org
• https://altrixedge.de
• https://altrixedge.nl
• https://altrixedge.se
• https://altrixedge.site
• https://altrixedge.info
• https://altrixedge.eu
• https://thealtrixedge.com
• https://altrixedge.biz

If you think it’s a scam, please contact us to share the reasons why.

09/18/2023 – BC Securities Commission issues caution against WEEX.Pro, Inc.

WEEX.Pro, Inc. claims to be a cryptocurrency trading platform. Websites were accessible and looked professional:

• https://weexproit.com/#/index
• https://www.weexpror.com/#/index
• https://weediux.com/#/index
• https://www.weexproe.com/#/index
• https://weexproex.com/#

It looks like this one might be trying to impersonate WEEX. But, I wasn’t able to verify anything about WEEX either. Crunchbase says it’s in Singapore, but I couldn’t find any address or corporate registration data.