E&G Bulgaria

Investor Warning – The Israeli EZInvest, WGM Services, the SEC Penalty, a Bulgarian Connection, and the CySEC incompetency

For some time now, WGM Services Ltd, registered and licensed in Cyprus, has been offering CFDs to customers through the CySEC-approved domain www.ezinvest.com. The offering is aimed at retail investors around the world and is available in several languages. However, the people behind WGM Services and their companies are not trustworthy and have already been …

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The Marshall Islands – A cybercrime paradise promotes crypto to legal tender

Crypto becomes legal tender On February 26, 2018, the sovereign Republic of the Marshall Islands (RMI), a tiny Pacific atoll nation with a population of just 55,000, passed the Sovereign Currency Act of 2018 introducing the blockchain-based currency Sovereign (‘SOV’) as its legal tender for all debts, public charges, taxes, and dues. Being legal tender of …

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