Investor Alert: MFDA Warning about Crypto Website

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For further information, please contact:

Ian Strulovitch

Director, Communications & Public Affairs and Senior Legal Counsel

(416) 943-7425

istrulovitch@mfda.ca

Aug 13, 2021

Investor Alert: MFDA Warning about Crypto Website

MFDA has become aware of a website, www.cryptlogger.com, that claims Cryptlogger is licensed and regulated by the MFDA and other securities regulators in Canada.

The public should be aware that:

  • Cryptlogger is not registered with the MFDA and does not appear on the Canadian Securities Administrator’s (CSA’s) National Registration Database as being licensed with any securities regulator in Canada; and
  • the MFDA does not license or regulate crypto trading platforms, distributors, custodians or managers of crypto assets.

Investors should always check the CSA National Registration Database at aretheyregistered.ca to determine if organizations or individuals are appropriately registered or licensed to provide investment advice.