The Ukraine National Commission on Securities and Stock Market (NSSMC) updated its investor-warning list of “SKAM projects”, adding LTVcapital/Zubkovskyi Evhen and Pylyp Oliynyk as projects that may pose a potential threat. The NSSMC said the list now includes 452 projects showing signs of fraud or legal violations. The newly listed projects are linked to ltv-capital.online and e-zubkovskiy.com, and oleynik.finance. The NSSMC reiterated common indicators of dubious investment schemes, including the absence of licences, limited transparency about organisers and documentation, lack of proper control, aggressive advertising, promises of unusually high returns, and concealment of risks.