THE BLACK LIST
The cryptocurrency blacklist generally refers to projects or platforms that have been identified by financial regulators as potentially fraudulent or unauthorized.
Some examples of cryptocurrency projects that have been blacklisted by various regulatory authorities include:
Alycoin: Identified by Spain's CNMV as an unauthorized project.
FXTV: Also flagged by the CNMV for operating without proper authorization.
Terra Finance: Another project on the CNMV's blacklist.
Aurum Pro: Included in the CNMV's warning list.
Additionally, in the cryptocurrency industry, some traders and companies have proposed the creation of blacklists to identify and prevent transactions with parties that refuse to trade ethically or engage in dubious activities.
The SEC and FCA have issued warnings about various cryptocurrency projects over the years. Some notable examples include:
BitConnect: This project was accused of being a Ponzi scheme and was shut down in 2018 after the SEC and other regulators issued warnings.
OneCoin: Another Ponzi scheme that was the subject of multiple warnings and legal actions in several countries.
Telegram Open Network (TON): The SEC halted Telegram's initial coin offering (ICO), claiming it was an unregistered securities offering.
PlusToken: A fraud scheme that affected millions of investors and was the subject of warnings and legal actions in several countries
There are other projects that have been the subject of warnings by different regulators around the world. It is important to always research and verify the legitimacy of any cryptocurrency project before investing.