QubitLife, previously QubitTech, has acquired a securities fraud discover from the Securities Fee of the Bahamas.
As per the the SCB’s nineteenth March discover;
It has come to the eye of the Fee that an entity known as QUBITTECH could also be conducting actions which are both registrable/licensable or unlawful beneath a number of of the Acts.
The Fee hereby advises the general public that QUBITTECH and its brokers/representatives are usually not registrants of the Fee and has not made utility for registration with the Fee.
Due to this fact, any conduct of registrable exercise by this entity, its brokers/representatives, in or from this jurisdiction, is a violation of a number of of the Acts.
If this entity or its brokers/representatives alleges to be compliant with the Fee they’re committing an offence and are responsible for legal prosecution and/or regulatory sanctions beneath the related legal guidelines of The Bahamas.
QubitTech rebranded as QubitLife in early March. Given the March nineteenth date of the SCB’s discover, we’ve utilized it to QubitLife retrospectively.
The QubitLife rebrand is believed to be an try to dodge regulators, and to facilitate QubitLife’s introduced QDT token exit-scam.
As famous by the SCB;
QUBITTECH, which marketed its launch in The Bahamas, is concentrating on residents of The Bahamas through Zoom conferences.
The SCB notes a February sixth “Bahamas launch”. On February twenty fourth QubitLife uploaded a “First QubitTech workplace within the Caribbean” video to it’s official YouTube channel.
The SCB warns
People at the moment (or desirous of) conducting enterprise with QUBITTECH and/or its brokers/representatives, ought to be cognizant that they’re doing so with an entity and/or people who are usually not approved or regulated by the Fee.
Members of the general public ought to train excessive warning in contemplating engagement in securities associated actions with QUBITTECH or its brokers.
QubitLife solicits funding in cryptocurrency on the promise of a 250% ROI.
QubitLife is fronted by CEO Greg Limon, who has ties to Canada, Russia and the UK.
Neither QubitTech, QubitLife or Greg Limon are registered to supply securities in any jurisdiction.
Replace third August 2021 – As on the time of this replace QubitLife has set the “First QubitTech workplace within the Caribbean” video to personal.
As such I’ve eliminated the beforehand accessible YouTube hyperlink.