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Italy’s CONSOB warns of The Bitcoin Code

 Italy’s financial markets regulator CONSOB has issued a warning against The Bitcoin Code binary options trading robot. 

 

According to the announcement, the activity carried out through the websites thebitcoinscode.com/it/, the-bitcoin-code.com, thebitcoincode.com/it/ and the Facebook page www.facebook.com/The-Bitcoin-Code-Italiano-118728545441835 is not attributable to any party authorised in Italy to offer investments services or activities outside of its headquarters or to promote or place the same by means of distance communication techniques. 

 

We have already written a review of this robot, identifying it as one of the many scams on the internet promising easy and fast money for a small “investment”. Besides, a reader has complained he had lost $500 through the scam. 

 

Now we had a look at the Italian version of the web page and with a cursory look established it is identical to the English-language version. The promotional video has been localized and re-done with Italian actors and voice-over, but otherwise the script is the same. Even the photos of the people giving their testimonials are the same, the first names – too. Only the family names have been changed to sound Italian. The name of the benefactor has also been changed from Steve McKay to Stefano Savarese. But the photo is the same.

 

TAGS: consob  warning  the bitcoin code  scam 
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