SparkWealths (CLONE) - Central Bank of Ireland Issues Warning on Unauthorised Firm
Why this matters
The Central Bank of Ireland has issued a warning notice identifying SparkWealths (CLONE) as an unauthorised crypto-asset service provider operating a fraudulent website that clones an authorised firm's name. The content is factual and informational, designed to alert consumers and the public to a scam operation. While the urgency is set to 'high' because it is a consumer protection warning that requires immediate awareness, the significance score is 1 because it is a routine administrative notice against a single unauthorised entity rather than a binding obligation, policy change, or enforcement precedent affecting multiple regulated firms.
AI-generated classification rationale, not a full analysis. Verify with the original CBI source before acting. Full disclaimer.
What the CBI said
Warning: Unauthorised Crypto-Asset Service Provider Unauthorised Firm Name SparkWealths (CLONE) Website sparkwealths.com Email address used [email protected] Phone number(s) used +44 (0)20 3196 2450 +44 (0)20 7504 8338 Authorisation in Ireland This firm is not authorised to provide crypto-asset services, within…
Extract from CBI . Read the full notice at the source for the authoritative text.
Context
Central Bank of Ireland (CBI) — Ireland's central bank and financial services regulator. We track 287 updates from them.
Ireland's Central Bank regulates funds and banking sectors. Browse all Ireland updates.
This update is classified under Authorisation & Licensing, Consumer Protection / Conduct and Crypto & Digital Assets.