UK FCA warns against broker scam ApcoFX operating with Estonian crypto entities

The UK FCA has issued an investor warning against the scam broker ApcoFX (, allegedly based in Germany and London. The scam is being developed in cooperation with the Estonian crypto payment processors CryptoFactory OÜ and their crypto exchange Bitxtech ( and Zichain OÜ and their Rashbe ( Crypto Payment Platform. Both companies have one of the worthless Estonian FIU licenses.