Blvck network, the company of youtuber Windoh is not authorized in UK. The alert is given by the Brazilian Securities and Exchange Commission (CMVM), as reported by Jornal de Notícias this Friday (12). It is the latest chapter in the cryptocurrency scandal.

Diogo Freitas, the youtuber responsible for the YouTube channel Windoh and best known by this name, now sees his company as the target of the market regulator’s attentions. According to the source, the company is neither registered nor authorized to carry out any financial intermediation activities in UK.

CMVM warns of the situation of the Blvck network in UK

Blvck network

The Securities Market Commission (CMVM) warns that the entity Blvck network, owner of the website https://blvcknetwork.com/ and instagram https://www.instagram.com/blvck_network/ is not authorized nor registered with the CMVM for the exercise of any financial intermediation activity in UK, in accordance with the provisions of paragraphs a) and b) of paragraph 1 of article 295 of the Securities Code“, advances the regulator in a press release.

The market regulator warns that the company of youtuber Windoh is not legally qualified to carry out advertising, nor to prospect customers in order to enter into financial intermediation contracts.

Furthermore, the CMVM advises potential investors to turn to companies duly qualified for this activity, the list of which can be consulted on its website. Likewise, they can consult the list of independent financial analysts, also available on the CMVM website,

Youtuber Windoh is a partner at Blvck network

“All persons and entities that have established any commercial relationship with the entity identified above may contact the CMVM through general contacts, by telephone 213177000 or by email to cmvm@cmvm.pt or, also, through Investor Support , by telephone contact 800 205 339 (green line), or by email to cmvm@cmvm.pt “, points out the market regulator.

The company of which youtuber is a partner was created about a year and a half ago. Since then, he has dedicated himself to the cryptocurrency market and other financial assets, until the recent creation and dissemination of courses in the area.

The UK’s youtuber profusely divulged the cryptocurrency course that would be the target of undue access by the hacker RedLive13.

The hacker released the content of the same, in addition to launching the Public Petition with the motto “Investigation of attractive schemes by digital influencers”.

Cryptocurrency schemes, sports betting and financial markets

The case continued to be investigated by RedLive13 and other national youtubers. At the end of last week, the Public Prosecutor’s Office also opened an investigation following the complaint concerning the alleged schemes, involving cryptocurrencies, sports betting and financial markets.

In addition to Windoh, youtubers David GYT and Numeiro are also targeting the investigations, with the latter ending his sports betting business.

The investigation is now underway at the Public Prosecutor’s Office.

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