Veracity Markets Self-Exposure: Suspension by the FSCA Investigation!

Abdulmajidkhs

Well-known member
Veracity Markets Self-Exposure: Suspension by the FSCA Investigation!

On July 1, Veracity Markets posted on its Facebook and Instagram pages that it had been notified by the FSCA on June 28 and was actively cooperating with the regulator's investigation.

  In the past week, Veracity Markets, a South African Forex broker, exposed itself to be in deep crisis of FSCA investigation. Let's take a look at the latest developments in this matter.

  Founded in 2020, Veracity Markets has grown from a relatively unknown company to a major player in the African forex trading industry in just two years. The FSCA is a regulatory body set up by the South African government to ensure that financial institutions and financial service providers adhere to strict rules of conduct.

  On July 1, Veracity Markets posted on its Facebook and Instagram pages that it had been notified by the FSCA on June 28 and was actively cooperating with the regulator's investigation. With immediate effect, it will suspend all operations, including the closure of the withdrawal freeze. The announcement reads as follows:

Veracity Markets Self-Exposure: Suspension by the FSCA Investigation!

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