MFSA Warning – Emirate Coin Tech

The Malta Financial Services Authority (“MFSA”) has become aware of an entity which has an internet presence at . This entity purports to be an MFSA licensed investment and crypto exchange institution with a physical presence at 1000 Mahler Building (floor 4), Gustav Mahlerlaan 1025, 1082, Amsterdam, The Netherlands. The entity claims to be a “fast-growing investment and brokerage company, founded in 2013, to transform the way people invest. “ The entity also states that “it focuses on trading and mining cryptocurrencies on contract for investors, and ensuring the highest possible return on investment within manageable risk.”

The MFSA wishes to alert the public, in Malta and abroad, that Emirate Coin Tech is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any investment, crypto currency or other financial services which are required to be licensed or otherwise authorised under Maltese law. Furthermore, information available to the MFSA suggests that is likely to be a scheme of dubious nature with a high risk of loss of money. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity.

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