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Broker News | eToro and FinTech Acquisition Corp Terminate Merger Deal

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Broker News | eToro and FinTech Acquisition Corp Terminate Merger Deal

#Industry
01 CFTC Sanctions Commodity Pool Operator with $13 Million

David Seibert was ordered to pay $10,794,508 in restitution to victims of his scheme.
He allegedly accepted over $10 million from 11 participants in his scheme.

02 Australians Lost over AU$2 Billion to Scams in 2021

Losses to investment scams were highest at AU$701 million.
Scammers are targeting vulnerable communities and age groups.

03 Active Bitcoin Addresses Drop by 13% in 7 Months

Amid the market plunge, the BTC network is struggling to retain existing addresses.
On Wednesday, Bitcoin dipped below $20,000.

04 Regulator Advises Being More Proactive in Protecting Crypto Investors

The CEO of the Swiss FINMA asked regulators to protect investors from abusive practices.
The UK's FCA recently issued an advisory note about the risks of investing in cryptos.

 

#Broker
0FBS Gets an Award as the Best Customer Service Provider from WBO

Over the years, FBS has excelled at the task, having reached impressive client retention.

0eToro and FinTech Acquisition Corp Terminate Merger Deal

Both parties mutually agreed to terminate the agreement.
The proposed merger was first announced in March 2021.

0CapitalPanda and ProfitLevel Operator Pays €170K to Settle with CySEC

The company entered into a settlement for possible regulatory violations.
The action was taken after an investigation into the operations between January 2021 and April 2022.

04 Exness June trading volume reaches $2.24 trillion

In June, the number of active clients on the Exness trading platform rose 6% MoM to 323,216. Compared to the same period in 2021, however, the numbers were 57.7% higher.

Proofreading: Jelly

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