Others have turned billions of forints in cryptocurrency in a person
The National Bank of Hungary (MNB) is ex officio, including on-site inspections, to determine whether an individual carries out unauthorized financial services. In its order published today, the supervision prohibited immediately before the examination of its investigation from the individual concerned from collecting deposits without the permission of the MNB or accepting other funds to be repaid from customers.
According to the data collected so far in the market surveillance investigation, the individual has received hundreds of investors with interest promises with « loan transactions », which may be more than billions. The amounts received could be treated flexibly at its discretion, with them he could trade on cryptocurrenciesand from the yield achieved, he could be entitled to a success fee. However, the individual does not have any guarantee of the MNB deposit or other cash collection, business reliability and the protection of consumers.
Have been executed with the biggest cryptol theft to date, very worrying the identity of the potential perpetrator
The MNB has banned him
The MNB decided, on the basis of the data and evidence obtained, to ensure that the financial intermediary system is uninterrupted, transparent and efficiently, and the investigation’s interests have been investigated until it is prohibited.
The inspection shall be concluded by a decision, which, if the infringement is found, will share the public on its website. MNB’s immediate action It does not affect the individual’s civil obligation to repay the customer money in any way. If the individual were to continue his or her now prohibited activities (or would continue to advertise), the MNB may consider it as evidence of bad faith, thus an aggravating circumstance.
It is recommended that clients always check in advance before using a financial service or product, whether the institution or individual has the necessary permission or registration to carry out financial activities, thus included in the MNB’s registration and warning menu. The MNB Customer Service, the Rural Financial Navigator Advisory Offices and its website provide all the necessary information to those interested before their contract is concluded.
