The financial regulatory authority in the Bundesrepublik (BaFin) blacklisted Wise Banc, operated by Orion Service EOOD, which according to the official statement is targeting German customers without proper authorization.
Wise Banc is a forex and CFD broker, offering a variety of crypto CFDs, which is based offshore and is not regulated by any official financial regulator,
BaFin warns potential investors to regard any promises of too- good- to- be true returns with extra caution, because too often such offers are simply scams.