After months of cross-border regulatory coordination, FINMA.International has finalized enforcement actions resulting in the full shutdown of BrokerZ, a long-operating fraudulent brokerage platform that targeted retail investors around the world. The entity posed as a legitimate investment firm while orchestrating widespread financial fraud, unauthorized trading, and asset misappropriation.
BrokerZ had established a global footprint with victims across North America, the European Union, and the Asia-Pacific region. The firm used aggressive tactics, misleading interfaces, and falsified documentation to create a façade of legitimacy — while systematically draining client accounts and obstructing withdrawals.
In collaboration with Coinbase Wallet, key financial infrastructures connected to BrokerZ have now been frozen. As part of ongoing recovery efforts, Coinbase may contact certain affected users to verify account activity, assist in asset tracing, and support the restitution process.
FINMA.International urges any individuals or institutions with ties to BrokerZ to come forward for verification and potential recovery procedures. Our team remains fully engaged in protecting investor interests and dismantling fraudulent financial operations on a global scale.
