SEC Clarifies They Did Not Approve Marino’s Cryptocurrency Trading

We Didn’t License Marino To Trade Cryptocurrency – SEC

Warning: Don’t Trust Marino Limited for Cryptocurrency Trading

The Securities and Exchange Commission (SEC) has a wake-up call for Nigerians: be cautious of Marino Limited when it comes to cryptocurrency trading. The truth is, this trading platform is not licensed to operate in Nigeria’s capital market.

The SEC has uncovered a web of deceit, as Marino Limited has been making false claims about its licensing status. Here’s the facts: the company is not registered or licensed by the SEC to operate in any capacity in the Nigerian capital market, including cryptocurrency exchanges.

This cautionary warning serves as a reminder that the SEC is dedicated to protecting the country’s capital market from scams and fraudulent activities. It’s crucial for investors to be aware of the potential risks involved in dealing with unregistered and unregulated entities.

For the sake of transparency, it’s essential to verify the status of any capital market operator before engaging in any transactions. Contact the SEC to get the facts straight. Its doors are always open to provide guidance and support.