Warning Investors Any Coin Capital – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements
Introduction To Any Coin Capital:
Any Coin Capital is a website that claims to be a leading brokerage firm in the cryptocurrency and derivatives market. It offers various trading platforms, account types, educational resources, and bonuses to its clients. It also claims to have a team of experts and analysts who provide market insights and trading signals. According to its website, Any Coin Capital is based in London, UK, and has offices in Hong Kong, Singapore, and Dubai.
Regulation and Compliance Of Any Coin Capital:
However, the ASC has warned that Any Coin Capital is not registered to trade in or advise on securities or derivatives in Alberta. This means that it is operating illegally and without any oversight or protection for investors. The ASC also stated that Any Coin Capital has not filed any prospectus or exempt distribution reports with the ASC, which are required for any issuance, offer, or sale of securities or derivatives in Alberta. The ASC advised investors to exercise caution when dealing with Any Coin Capital and to check the registration status of any firm or individual before investing.
Customer Support Offered By Any Coin Capital:
According to its website, Any Coin Capital offers 24/7 customer support via phone, email, and live chat. However, some customers have reported that they have experienced difficulties in contacting the firm or withdrawing their funds. Some customers have also complained that they have been pressured by the firm to deposit more money or to accept bonuses that come with high turnover requirements. Some customers have even alleged that they have been scammed by the firm and lost their money.
Customer Reviews Of Any Coin Capital:
There are not many online reviews of Any Coin Capital, which is a red flag for any brokerage firm. The few available reviews are mostly negative and warn other investors to stay away from the firm. Some customers have claimed that Any Coin Capital is a fraud, a scam, or a Ponzi scheme. They have also accused the firm of manipulating the prices, freezing the accounts, denying the withdrawals, and ignoring the complaints.
Measures To Avoid Fraud Brokerages:
The ASC has provided some tips for investors to avoid fraud brokerages like Any Coin Capital. These include:
– Checking the registration status of any firm or individual before investing
– Asking for written information about the investment and reading it carefully
– Understanding the risks and fees involved in the investment
– Avoiding high-pressure sales tactics or promises of unrealistic returns
– Being wary of unsolicited offers or referrals from strangers or acquaintances
– Reporting any suspicious activities or complaints to the ASC or other authorities
Conclusion:
Any Coin Capital is a brokerage firm that claims to offer trading services in various cryptocurrencies and derivatives. However, it is not registered with the ASC and has not complied with the securities laws in Alberta. The ASC has warned investors to exercise caution when dealing with Any Coin Capital and to check the registration status of any firm or individual before investing. Investors should also be aware of the signs of fraud brokerages and take measures to protect themselves from scams.
