FSCA investigates Banxso agents’ claims that it ‘has been cleared’

While trading platform remains live.

A total of 280 individuals have contacted Moneyweb and claim they have lost more than R174m. Image: Supplied

“The authority reiterates that Banxso’s licence has not been reinstated and that it cannot lawfully conduct any financial services business or receive any deposits from clients for such purpose,” the FSCA statement reads.

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