Virtu Financial Issues Warning Regarding Fraudulent Cryptocurrency Scams

Rhea-AI Summary

Virtu Financial warns the public about rising cryptocurrency scams involving fraudulent offers and communications falsely claiming affiliation with the company. The firm emphasizes that it does not open accounts for individual investors to trade cryptocurrencies, securities, futures, or commodities, and does not accept money from the public for trading. Victims of such scams are urged to report to the appropriate authorities. Additionally, Virtu is prepared to take legal action to protect its intellectual property.

Positive

• Virtu is proactive in protecting its brand and intellectual property by notifying authorities and planning legal actions against scammers.

Negative

• The emergence of cryptocurrency scams could harm Virtu's reputation and erode trust among potential investors.

NEW YORK, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT) is issuing a warning to the public to be alert for cryptocurrency scams, fraudulent offers, and fraudulent communications by individuals purporting to be affiliated with Virtu.

Please note that Virtu and its subsidiaries do not open accounts for individual investors to trade cryptocurrencies, securities, futures or commodities and do not accept money from individual investors in connection with any type of trading account.

If you have been contacted by any person(s) purporting to be acting on behalf of or in connection with Virtu to trade cryptocurrency, be aware that these individuals are not authorized representatives of Virtu.

If you believe you have been the victim of a fraud, contact your local FBI office via its Internet Crime Complaint Center at https://www.ic3.gov/ (for US-based victims) or local equivalent to report the fraud.

Virtu has notified the appropriate authorities and intends to commence all necessary legal actions to defend itself from any attempt to infringe on Virtu’s copyrights, trademarks and intellectual property.

For more information, please visit: https://www.virtu.com/legal/important-information/

CONTACT:

Investor and Media Relations
Andrew Smith
investor_relations@virtu.com

 

FAQ

What warning did Virtu Financial issue on January 10, 2022?

Virtu Financial warned about cryptocurrency scams involving individuals falsely claiming to be affiliated with the company.

Does Virtu Financial allow individual investors to trade cryptocurrencies?

No, Virtu Financial does not open accounts for individual investors to trade cryptocurrencies or any other financial instruments.

What should I do if I am a victim of a cryptocurrency scam claiming to be Virtu?

If you believe you have been a victim of fraud, contact your local FBI office or use the Internet Crime Complaint Center to report the incident.

How is Virtu Financial responding to the cryptocurrency scams?

Virtu has notified the appropriate authorities and intends to commence legal actions to defend its copyrights, trademarks, and intellectual property.