Blockwealth Limited Scam Warning: Unauthorised, Not SPK Licensed

Blockwealth Limited is an entity that presents itself as offering investment and leveraged trading services and that has been placed on the list of unauthorised firms of the UK financial regulator, the FCA. The firm has no legal entity in Türkiye and is not authorised in Türkiye by the Capital Markets Board (SPK); it therefore cannot lawfully provide services to Turkish investors.

📉 What Does the Picture Tell Us?

When a regulator publicly announces a firm for operating without permission, it means that the entity is subject to no official safeguards: for money deposited there is no compensation fund, no complaints body and no auditable segregation of accounts. Names of this kind, which offer no transparent address or corporate identity, often change their domain names and brands to avoid being detected. In any offer that reaches you under the Blockwealth name, there is no way to verify who the other side is.

🛡️ Checks Before Investing

• An intermediary institution's name can be searched in SPK's list of authorised institutions; if it does not appear there, its activity in Türkiye is unlawful.
• The phone, email and website details of the person who contacts you can be compared with the firm's official records.
• A structure named on the warning lists of regulators is not a place to which money can safely be sent.

❓ Frequently Asked Questions