Public Warning by the Swiss Financial Market Supervisory Authority that Flat Innovations AG is “suspected of conducting unauthorised activities in the financial market”. Editor’s Note: Research by OffshoreAlert showed that, in the Swiss Commercial Registry, Flat Innovations AG, was previously called RS Management Group AG and its sole member is identified as Rolf Schwab. On its website at www.flatmining.com, the company is described as a provider of “Hosted Cloud Mining” services that allows each client to become “a digital gold digger” and “is the most straightforward way for private investors to mine cryptocurrencies”. Ownership of the domain name is concealed using a privacy service.
Crypto Documents Regulatory Swiss Financial Market Supervisory Authority (FINMA) Switzerland Unlicensed Activity USAMay 20, 2020