CONSOB orders five website blocks, separating investment-service and crypto cases

CONSOB announced on 23 October that it had ordered five further website blocks: three involving unauthorised investment services and two involving crypto-asset services. The notice raises its cumulative total since July 2019 to 1,853, including 242 crypto-related sites.[1]

The linked cease orders are dated 21 October. The first three direct an end to violations of Article 18 of Italy’s Consolidated Law on Finance; the other two address Article 59 of MiCAR. These are the regulator’s stated findings for the listed domains, not a general judgment about similarly named businesses.[2][3][4][5][6]

The announcement and the legal orders do different work

The notice describes the website-blocking round, while the individual resolutions identify the activity, domains and legal provisions. Keeping both dates and document types visible prevents a publication date being mistaken for the date of every underlying decision.

CONSOB says technical implementation by internet providers can take several days. A blocking order is not evidence that customer assets have been located or that compensation has been recovered.[1]

Teleborsa, carried by Borsa Italiana, and FX News Group also reported the announcement. This account has been checked against the official dated notice and all five linked resolutions.[7][8][1]

For a reader checking an existing account, matching the exact domain is more reliable than matching a name alone. The addresses above identify the scope of the published orders; they are presented as text rather than trading links.

Report an error or submit an update