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The Austrian Financial Market Authority (FMA) released a statement this Friday warning retail investors against trading with Bitcoin Profit.
According to the regulator, Bitcoin Profit has been offering its services to the Austrian ‘Volk’ without the requisite licenses.
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Currently the website that the company has been using to offer those services is down and so it is hard to gauge what people in Vienna have been sucked in by.
Having said this, the people behind Bitcoin Profit have been shilling their services across the web for almost six months.
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