Public Statement 22 of 2021 - Blockspace Option, LLC

Summary

This is a Public Statement issued by the British Virgin Islands Financial Services Commission (FSC) on 11 August 2021 warning the public about Blockspace Option, LLC. The FSC states that this entity is not and has never been licensed or regulated by the FSC to carry on investment business or any other financial services business in or from within the BVI.

• Forged licence: Blockspace Option, LLC is circulating a forged investment business licence and falsely claiming to be authorised and licensed by the FSC to deal in investments.
• No licence held: The entity has never been licensed or regulated by the FSC for any type of financial services business.
• Public caution advised: Members of the public are advised to exercise extreme caution if solicited to conduct business with Blockspace Option, LLC.
• Reporting invited: The public is invited to provide the FSC with information on questionable entities or improper activities operating in or from the Territory.
• Statutory basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

The statement is purely informational and warns against dealing with this unlicensed entity; it does not impose any ongoing compliance obligations on regulated entities.

Applies to

general public, persons solicited by Blockspace Option, LLC