The following alert was issued from the Seychelles Financial Services Authority.

Regulatory Updates

Alert: Mek Global Limited (207897)

This notice is issued by the Financial Services Authority ("FSA") pursuant to section 4(1)(m) of the Financial Services Authority Act, 2003 in relation to the International Business Company ("IBC"), Mek Global Limited with IBC number 207897.

Through information available in the public domain, Mek Global Limited appears to be affiliated with an online trading platform for virtual assets, namely KuCoin Cryptocurrency Exchange Platform, and is soliciting investors and customers through its website: https://www.kucoin.com/

The FSA hereby informs the public that Mek Global Limited does not hold any licence issued by the FSA to undertake such type of activity. Therefore, the entity is not being regulated by the FSA nor has it been in the past.

The FSA strongly urges investors and members of the public to exercise caution in respect to the services offered by Mek Global Limited.

The Financial Services Authority

04 February 2021

FxGecko data shows that Deuxstock has 2 company names, Deuxstock.com Finance LLP and Mek Global Limited.

Deuxstock discloses its company name as Mek Global Limited in its privacy policy in its website.

Based on the above information, it is clear that Mek Global Limited is associated with KuCoin and Deuxstock, both of which are unregulated and high-risk trading platforms.

FxGecko advises you not to trade with such unregulated platforms in order to avoid the risk of being scammed.