Malta Regulator Flags Unlicensed Crypto Marketing Firm

AI Summary The Malta Financial Services Authority warned the public against Distributex, an unauthorized cryptocurrency marketing entity. The regulator flagged high-risk features resembling multilevel marketing and pyramid schemes. Zero Regulatory Approval or Registration The Malta Financial Services Authority (MFSA) has issued a warning concerning Distributex, an unauthorized cryptocurrency marketing entity accused of holding recruitment drives and operating […] fulltext: 462 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/regulation-and-legal/malta-regulator-flags-unlicensed-crypto-marketing-firm/ Source: Bitcoin.com News