The Seychelles Financial Services Authority has issued a scam alert regarding Snap Technology Limited and the website https://www.crypto-cion.com/app/#/, warning investors, licensees and the public that the company and website are not linked to any entity licensed or regulated by the FSA. The FSA urged the public to conduct due diligence on entities, service providers and representatives before engaging in business or transactions involving money exchanges or the sharing of personal details, and stated it will not be liable if persons continue to use the services provided via the referenced website.