The company is targeting BC residents

Canadian securities regulator issues official warning against BitPlay

BitPlay offers British Columbia residents high-yield investment programs.
2018-01-04
Reading time 26 seg
The warning issued by British Columbia Securities Commission (BCSC) urges residents to exercise caution when dealing with the eSports company since it is not registered to trade in securities or exchange contracts in the province.

According to BCSC, BitPlay claims to be an online eSports betting platform provider, located in London, England and they recently became aware that its advertisements are targeting British Columbia (BC) residents, offering them high-yield investment programs.

Since the eSports betting platform provider is not registered to trade in, or advise on, securities or exchange contracts in BC, the Canadian regulator has decided to add BitPlay to its Investment Caution List.

The official warning can be seen here.

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR