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Home Blockchain

Swissquote ordered to curb impersonation, fraud attempts

by DigestWire member
July 1, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Swissquote ordered to curb impersonation, fraud attempts
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The company offers crypto trading on the platforms that it manages, including the mixed-asset trading platforms Swissquote and Yuh.

Swissquote, the online trading platform behind the crypto-friendly Yuh app, has been ordered by Swiss regulators to reduce the number of phishing and impersonation attempts targeting its platforms.

More than 600 websites impersonating Swissquote platforms or attempting to defraud users through fraudulent login portals were discovered in the first half of 2025, according to Bloomberg.

The Swiss Financial Market Supervisory Authority (FINMA) cited the Yuh platform, which also features crypto trading, as a major target of fraud campaigns perpetrated by scammers.

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