The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued a Cease Trade Order against Cryptobravos, Sam Oakley and Richard Grant (the parties).
Cryptobravos appears to maintain a website at www.cryptobravos.com, which offers information on how to trade and mine bitcoin and other cryptocurrencies. The parties appear to be violating provincial securities laws by engaging in trades with investors in Saskatchewan when they are not registered to trade or sell securities and derivatives in Saskatchewan.
The cease trade order directs that all trading in securities and derivatives by these parties cease until December 14, 2020. The order may be extended as necessary.
Anyone contacted by Cryptobravos or any company representatives should contact the FCAA’s Securities Division at 306-787-5936.
For more investor protection tips visit https://fcaa.gov.sk.ca/consumers-investors-pension-plan-members/investors.