The Financial Supervisory Authority of Norway issued an alert warning investors about entities marketing crypto investments and other financial products via unauthorised trading platforms that lack permission to provide investment services in Norway. It advised consumers not to enter into agreements or transfer money to such platforms, which are outside its supervision. Finanstilsynet highlighted common warning signs including displays of undocumented “live” profits, “AI trading” and fabricated charts, followed by aggressive calls from purported advisers pushing an initial deposit often around EUR 250 or USD 250, and subsequent withdrawal problems such as demands for additional fees, frozen accounts and disappearing contacts. Investors are urged to be critical of investment advice and social media advertising, research the company, avoid being pressured into quick decisions, and check both Finanstilsynet’s business register and its register of market warnings, where it publishes alerts when it becomes aware of firms offering investment services in Norway without the necessary authorisation.
Norwegian Finanstilsynet 2026-02-19
The Financial Supervisory Authority of Norway warns against unauthorised trading platforms marketing crypto and other investments
Norway's Financial Supervisory Authority warned against entities marketing crypto investments via unauthorised platforms lacking permission to operate. Investors should avoid agreements or transfers to such platforms, which are outside regulatory supervision. Warning signs include undocumented profits, aggressive deposit calls, and withdrawal issues. Consumers should verify company legitimacy and consult Finanstilsynet’s registers.