New Brunswick, Canada’s financial watchdog warned cryptocurrency investors of a potential scam website Bitcoin-bank.io that claims to be a "cryptobank" in an investor alert published Monday, Feb. 5.
According to the statement, the Financial and Consumer Services Commission (FCNB) started investigating the company profile after Bitcoin-bank.io appeared in ads on a Canadian online classified website. FCNB found that the company is neither registered for trading in New Brunswick, nor for advising on securities or derivatives, despite the fact that it claims to provide these services in the province.
https://cointelegraph.com/news/canadian-financial-regulator-warns-of-potential-scam-unregistered-cryptobank-ico