Luxembourg Regulator Red-Flags Activities of BitPay Clone Website

Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has red-flagged the activities of a fraudulent clone website that is impersonating cryptocurrency payment services provider BitPay.

On Sept. 18, the CSSF issued a warning about a company going by the name Bitbay Europe S.A. The website alludes to being the European branch of BitPay, stating: “The world’s smartest exchange service has landed in Europe.”

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