These fraudulent websites are posing as online forex brokers and multi-asset trading platforms. They advertise services such as CFD trading on shares, indices, commodities, forex, and cryptocurrencies, as well as portfolio management tools and educational resources. By masquerading as trusted financial service providers, they claim to offer advanced trading technology, real-time market data, and mobile trading apps.
The Velvet Serpent network encompasses multiple fraudulent entities operating as online brokers and trading platforms, offering services related to foreign exchange and CFD trading. These entities present themselves under at least ten different brand names, promising access to global markets including shares, indices, commodities, and cryptocurrencies. The network infrastructure consists of at least fourteen domains, approximately half of which are currently active. These websites falsely offer advanced trading technologies, portfolio management, and educational resources to attract victims. The network's scope suggests a coordinated effort to deceive individuals into investing in fictitious financial products.
AI-generated summary
Category
CFD/ForexBrands
9Domains
Down domains
6Unique IPs
19Detection signals
0Status
activeDate range
Apr 2026 — Apr 2026Ainvesting is an online CFD trading platform that offers trading in shares, indices, commodities, forex, and cryptocurrencies. It operates in Europe via Up Trend Ltd, which is regulated by the Financial Supervision Commission in Bulgaria.
Brighton Wealth claims to be a trading platform that empowers traders to thrive by providing comprehensive knowledge and advanced tools for strategic, data-driven decisions across multiple asset classes, including crypto, forex, stocks, indices, and commodities. They emphasize an intuitive and accessible platform designed for both novice and experienced traders.
Empower Personal Finance provides financial planning and investment management services. They aim to help individuals achieve their financial goals through personalized advice and technology.
Domains in this network have been flagged by financial regulators across 1 country.


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