16 October 2024
The Bermuda Monetary Authority (Authority or BMA) has been made aware of a website which contains fraudulent information: https://www.stillmancriptobrazil.com/
The Authority notes that Stillman Crypto Brazil Ltda, states that it has headquarters in Bermuda. However, there is no company by that name formed in Bermuda. Any company conducting the activities as described on the website in Bermuda would be required to obtain an appropriate licence from the Authority which Stillman Crypto Brazil Ltda has not done.
