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Brief
On "06/12/2024", the "Federal Financial Supervisory Authority (BaFin)" issued an update regarding "QuantumAI: BaFin warns consumers about the domain quantumtrade-app.live". The update warns that QuantumAI is offering financial and investment services without necessary authorisation from BaFin. The company's website lacks a business address, legal notice, and specifies Hong Kong law as governing the business relationship with customers.
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