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Leading Asset Management: BaFin warns consumers about WhatsApp groups and the LAM INT app

Summary

The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered in WhatsApp groups operated by Leading Asset Management, Denver, USA. BaFin suspects the operators of offering consumers financial, investment and cryptoasset services in these groups without the required authorisation.

Relevant Firm Types

Asset ManagerFintechCrypto Exchange
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