Estonia’s Financial Supervision Authority (FSA) is the country’s top financial regulator.

Following increased interest and participation in Skyway Capital, the FSA issued an investment warning back in April.

The FSA identify Skyway Capital as First SkyWay Invest Group LTD, a “dormant” shell company incorporated in the UK.

As per
Skyway Capital’s compensation plan
, affiliates invest funds on the promise of a daily ROI of up to 22%.

Seeing as Skyway Capital aren’t registered with the FSA to offer securities in Estonia, the FSA claim it’s an illegal unregistered securities offering.

First SkyWay Invest Group LTD has not submitted to (the) Financial Supervision Authority documents required for public offering of securities and therefore is not authorised to publicly offer securities in Estonia.

To the best of my knowledge Skyway Capital has not registered itself with any authority in any jurisdiction it solicits investment from.

As per Alexa traffic estimates, interest in Skyway Capital began to decline in mid-April.

With the monorail ruse all but collapsed,
word on the grapevine
is the company is gearing up to launch its own cryptocurrency.

🤖 Quick Answer

What warning did Estonia's Financial Supervision Authority issue regarding Skyway Capital?
Estonia's FSA issued an investment warning in April identifying Skyway Capital as First SkyWay Invest Group LTD, a dormant UK shell company operating an illegal unregistered securities offering. The FSA found it unregistered to offer securities in Estonia, despite promoting daily returns up to 22% through its affiliate compensation plan.

Why does the FSA consider Skyway Capital's operations illegal in Estonia?
Skyway Capital operates illegally because First SkyWay Invest Group LTD failed to submit required documentation to the FSA for public securities offerings and lacks authorization to publicly offer securities within Estonia's jurisdiction.

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