Best Choice Limited License Suspended!

Does anybody have mor information regarding the suspension of Best Choice Limited?

! Important Announcement ! Our licence has been suspended. *


I checked the statement from CySec, and the related law says, that the suspension has to do with "client money not being protected / possible usage of client money to run the company" ...

If anybody has more information, please let me know

Thanks

The exact statement is "The above decision was reached as the aforementioned alleged violations may possibly endanger the Company’s clients’ interests and generally the smooth operation of the capital market".
They're likely being purposefully this vague to protect the reputation of the broker, becauset the suspension isn't permanent yet. Apparently the regulator has given them a month to fix whatever problem they have.

You are right. But you can look up the law they refer to in their statement and you have more details.