New Brunswick Financial and Consumer Services Commission issued an investor warning that Cryptotact, Fluxquant, Robo +100 Mentax, Token Tact, True North and Canada Crypto Fund are not registered to deal or advise in securities in New Brunswick. The alert notes that the listed websites use tactics similar to those described in a recent consumer alert to deceive individuals, highlighting the recurring nature of these schemes. It also cautions investors not to confuse “True North” with regulated entities that use the same name, and directs the public to the National Registration Search tool to verify whether a person or firm is registered.
New Brunswick Financial & Consumer Services Commission 2025-03-24
New Brunswick Financial and Consumer Services Commission warns investors that six crypto trading platforms are not registered
The New Brunswick Financial and Consumer Services Commission warned that Cryptotact, Fluxquant, Robo +100 Mentax, Token Tact, True North, and Canada Crypto Fund are not registered to deal or advise in securities in New Brunswick. The alert highlights deceptive tactics similar to a recent consumer alert and advises investors to verify registration using the National Registration Search tool. It also cautions against confusing "True North" with regulated entities of the same name.