CryptoProgram has been ordered to stop buying and selling in British Columbia, Canada.
The British Columbia Securities Fee issued the order after CryptoProgram was confirmed to be committing securities fraud.
BCSC issued a CryptoProgram securities fraud warning again in March. That seems to have been ignored, resulting in a regulatory escalation.
As per the BCSC’s Might eleventh stop commerce order;
CryptoProgram.me is an entity affiliated with Edward Anthony Zimbardi, a resident of the State of Georgia.
CryptoProgram.me just isn’t a reporting issuer in British Columbia.
Since in or round February 2023, CryptoProgram.me and/or Zimbardi have distributed securities to residents of British Columbia.
CryptoProgram.me and/or Zimbardi haven’t filed:
1. a preliminary prospectus and a prospectus for the Distribution as required by part 61 of the Act, or
2. a Report of Exempt Distribution as required by part 6.1 of Nationwide Instrument 45-106 Prospectus Exemptions (required filings).
BCSC’s order will keep in impact until CryptoProgram registers its securities providing or the order is revoked.
CryptoProgram is an MLM crypto Ponzi scheme pitching a perpetual 25% a month ROI.
Ed Zimbardi is the face of CryptoProgram. He’s believed to be working with unnamed accomplices in Dubai.
CryptoProgram web site visitors has continued to say no over the previous few months.
As tracked by SimilarWeb for April 2023, prime sources of visitors to CryptoProgram’s web site are the US (67%), UK (17%), Germany (4%), Australia (3%) and Canada (3%).
CryptoProgram recruitment outdoors of the US and Australia is in regular decline.