The Seychelles Financial Services Authority issued a public warning about the website https://beercoin2.wtf/ and the “$BEER2” token being offered for presale by SOLBEER Limited, stating that the activity is unauthorised. The notice states that SOLBEER Limited, although registered in Seychelles, does not currently have authorisation for the token issuance because it has not submitted an application to register the token offering. The authority also urged investors and the public to carry out adequate research and evaluation of entities, service providers and representatives before conducting business or transactions involving money exchanges or sharing personal details.
Seychelles Financial Services Authority 2025-05-23
Seychelles Financial Services Authority warns that SOLBEER Limited’s $BEER2 token presale is unauthorised under the Virtual Asset Service Providers Act 2024
The Seychelles Financial Services Authority issued a public warning regarding the unauthorised presale of the “$BEER2” token by SOLBEER Limited on the website https://beercoin2.wtf/. Despite being registered in Seychelles, SOLBEER Limited has not applied for authorisation to issue the token. The authority advises investors to thoroughly research entities and service providers before engaging in financial transactions.