BaFin Says Online Broker MainTrade Not Authorized
The Federal Financial Supervisory Authority (BaFin), Germany’s financial industry regulator, announced on Friday that online broker MainTrade.co is not authorized to operate in the country. The brokerage firm is also not under BaFin supervision, the regulator said. The new update comes a few days after the regulator urged consumers in the country to beware of […]
BaFin Alerts on Trojan Virus Affecting Crypto Apps
Germany’s Federal Financial Supervisory Authority (BaFin) has urged consumers to beware of ‘Godfather’, a trojan virus that attacks Android-based banking and cryptocurrency apps. The regulatory authority announced on Monday that the trojan virus currently “records user input from banking and crypto apps.” BaFin in a statement noted that the malware has attacked about 400 banking […]