Kripto Future has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores.

The CNMV is Spain’s top financial regulator (SEC equivalent).

As per the 
CNMV’s June 28th warning
, Kripto Future

is not authorised to provide the investment services detailed in Article 140 of the Spanish Securities Markets Act, which include investment advice.

This is the equivalent of a securities fraud warning in other jurisdictions.

Kripto Future
is a Ponzi scheme that pretends to be based out of the UK.

Due to non-regulation of
incorporation
fraud and
securities fraud
, the UK is a favored jurisdiction of scammers.

Kripto Future is run by someone going by “Jeffer Ribera”.

The only thing we know about Ribera is he speaks Spanish.

As opposed to the UK, Ribera and Kripto Future are in fact based out of Dubai.

Since the COVID-19 pandemic took hold last year, Dubai has emerged as the
MLM scam capital of the world
.

Like the UK, regulation of MLM related fraud in Dubai is non-existent. Dubai also lacks extradition treaties with countries that do regulate securities fraud.

🤖 Quick Answer

What is Kripto Future and what warning has been issued against it?
Kripto Future, purportedly UK-based, received a securities fraud warning from Spain's CNMV (Comision Nacional del Mercado de Valores) on June 28th. The regulator determined the company lacks authorization to provide investment services under Spanish Securities Markets Act Article 140, including investment advisory activities.

Who operates Kripto Future and what is known about its management?
Kripto Future is operated by an individual identified as "Jeffer Ribera." Limited information exists regarding Ribera's background; Spanish language proficiency represents the primary confirmed detail about the operator's identity and origins.

Why is the UK jurisdiction frequently associated with fraudulent cryptocurrency schemes?
The United Kingdom's regulatory framework contains gaps concerning incorporation fraud and securities fraud oversight. These regulatory deficiencies make UK jurisdiction attractive to scammers establishing illegit

🔗 Related Articles

- PetronPay securities fraud warning from QC, Canada
- DigiCoin Markets Review: 7% daily returns Ponzi scheme
- Faraday Hosseinipour gets 2.5 years in prison for I2G fraud
- PGI Global’s Ramil Ventura Palafox arrested in California
- AladdinBOT Review: AI trading bot ruse Ponzi scheme