BaFin warns consumers various websites advertising automated crypto trading bot

News Corporate Finance & M&A General Updates

Date: 6th Feb, 2025 Source: Federal Financial Supervisory Authority (BaFin) Country: Germany Original Source

Brief

On 06/02/2025, the Federal Financial Supervisory Authority (BaFin) issued an update regarding BaFin warns consumers various websites advertising automated crypto trading bot. The authority is investigating several platforms promoting AI-controlled algorithms for trading in financial instruments and cryptoassets, warning consumers to exercise caution and research before investing online.

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Federal Financial Supervisory Authority (BaFin)

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BaFin warns consumers various websites advertising automated crypto trading bot

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BaFin warns consumers various websites advertising automated crypto trading bot

Brief

Federal Financial Supervisory Authority (BaFin)

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