The investigation revealed that VO Markets systematically misused customer data and conducted trades using clients’ funds without their knowledge or consent. In multiple cases, withdrawal requests were manipulated or ignored, with clear intent to withhold or misappropriate investor assets.
Our trusted partner, Coinbase Wallet, is actively assisting in the recovery and redistribution of the funds. Through a process of internal arbitrage and account tracing, assets held under VO Markets are being reassigned to verified customers wherever possible.
All affected customers who wish to reclaim their funds must complete a partial identification process. This step is necessary to ensure the rightful allocation of assets and to protect against further fraudulent claims.
This case once again highlights the importance of coordinated international enforcement and secure financial infrastructure. FINMA.International remains committed to investor protection and swift action against financial misconduct across borders.
