Every entity in this index passes through the Cointiverse cartography pipeline before it is pinned to the chart. Mercantiles enters with its coordinates already flashing: an official warning record sits behind the listing, and the surrounding pattern matches operations our team has mapped many times before.
What the chart shows
On 8 February 2024, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Mercantiles was providing financial services or products without authorisation. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-8-february-2024/718268
Red flags on the map
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
- Dashboard balances that cannot be verified on-chain
If you have funds with Mercantiles
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.