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Italy’s CONSOB blocks more unauthorized investment websites, total reaches 1140

Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to several new websites that offer financial services illegally.

The Authority availed itself of the powers deriving from the “Decreto crescita” (“Growth Decree”; Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet service providers to block access from Italy to websites offering financial services without the proper authorization.

The websites targeted by the latest orders are:

  • Bitmatic (website https://maticbit.com);
  • Xmtoro.com (website https://xmtoro.com and related page https://account.xmtoro.com);
  • 2139 Exchange (websites https://2139.online, https://2139.ltd and…
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