A warning the FSCA shouldn’t have needed to issue

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The fscasouthafrica’s standard warning that people should ensure that persons offering financial services should be registered as financial service providers and vetted by it seems unnecessary in case of Battle Steed. Moneyweb BattleSeedScam

It boggles the mind that the Financial Sector Conduct Authority had to issue a warning that the public must “act with caution” when conducting financial services-related business with Battle Steed AI. It is perplexing that anybody would entrust Battle Steed with a cent. Read: The blizzard of cases swamping the FSCA “It has come to the attention of the FSCA that Battle Steed claimed on its website to be regulated by the FSCA.

SA to require crypto exchanges licensing by year-end “The purpose of Battle Steed is to allow each user to obtain long-term and stable income. “Battle Steed assures all users that we can accumulate assets from here,” it says. And perhaps as an afterthought: “Your income will definitely fall into your pocket.

 

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