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CySEC names fake regulator website used in loss-recovery approach

Its 23 October warning rejects claims that officials collect recovery fees and provides an independent address for checking suspicious communications.

CySEC has warned that a website at cysekbrok[.]readdy[.]co is impersonating the regulator and that individuals are falsely presenting themselves as its officers. Its notice dated 23 October says the site has no affiliation with the Cyprus Securities and Exchange Commission. The regulator’s genuine domain is cysec.gov.cy.[1]

The approach described offers to recover losses from investments at regulated or unregulated firms in exchange for fees or other payments. CySEC says it does not make unsolicited telephone or written approaches requesting personal or financial information and has no mandate to collect investor fees or appoint someone to collect them.[1]

At a glance01

What the official warning establishes

What the official warning establishes
Claim or actionCySEC’s position
Imitation websitecysekbrok[.]readdy[.]co is not affiliated with CySECSource 1
Advance fee for recoveryCySEC has no authority to collect investor feesSource 1
Private compensation or class-action schemeCySEC does not authorise, verify or administer such arrangementsSource 1
Authenticity checkContact [email protected] before taking actionSource 1
Suspicious contactReport it to CySEC and refrain from paying the purported representativeSource 1

The malicious address is shown in non-clickable form so it can be recognised without directing readers to the site. The contact email above comes from the regulator’s own warning, rather than the unsolicited message. The notice does not identify the operators or publish a total loss figure.[1]

Follow the evidence

Sources & further reading

  1. Warning: Fake Website and Fraud Attempt by Individuals Falsely Posing as CySEC Officials Cyprus Securities and Exchange Commission · 23 Oct 2026 · Accessed 26 Oct 2026

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