The Cypriot regulator also warned the public that www.imscrypto.com was not associated with any entity registered with CySEC to be a Crypto Asset Service Provider.
The Cypriot watchdog said:
CySEC encourages investors to visit its website (www.cysec.gov.cy) before doing business with investment firms to determine which entities are licensed to offer investment services or investment activities.
CySEC had added five companies to its Warning List earlier in January.
LeapRate first published the article CySEC adds seven unregulated firms to its warning list