The NSSMC is grateful to the Security Service of Ukraine for promptness in stopping the illegal activities of Just2Trade

The NSSMC (National Securities and Stock Market Commission) expresses its gratitude to the Security Service of Ukraine for its cooperation in combating abuse in the financial markets and the appropriate prompt response to the NSSMC’s signals of suspicious or potentially illegal transactions.

The illegal scheme organized by the Russian holding in Ukraine was stopped by joint efforts and in coordination with other law enforcement agencies. Fraudsters illegally misappropriated tens of millions of hryvnias of Ukrainian investors through a fictitious international broker Just2Trade. All companies involved in this activity were not licensed by the NSSMC to perform professional activities in the capital markets.

The NSSMC will continue to monitor financial markets within its authorities to protect investors’ rights, and looks forward to continuing constructive interaction with law enforcement bodies.