April 22, 2025

South Africa Exchange Banxso’s License Suspended Over Misleading Claims and Deepfakes

1 min read

The Financial Sector Conduct Authority has suspended Banxso’s license over misleading marketing practices and deepfake ads, raising concerns about aggressive sales tactics and unrealistic return promises that have led to significant client losses. The post South Africa Exchange Banxso’s License Suspended Over Misleading Claims and Deepfakes appeared first on Cryptonews .

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