The Monfex broker scam facilitated by RocketBit and CEX.IO
Spanish CNMV issued a warning against the broker scam Monfex (www.monfex.com). SWISS-SVG Holding Ltd and TENB Ltd operate the scam; both allegedly registered in St. Vincent and the Grenadines. As payment processors, we discovered the licensed Estonian RocketBit (www.rocketbit.io) and the Gibraltar-licensed CEX.IO. Besides that, credit and debit cards, as well as e-Payouts (www.e-payouts.com), are still available as payment options. The Monfex scam has been active since the beginning of 2019.