Reason for this visit
Cyprus purchased Greek national debt non-prudently in 2012. When Greek national debt management defaulted, the Cyprus banking system suffered heavy losses, exceeding 30% of Cyprus’s GDP. The country’s domestic debt crisis arose consequently. In response to the crisis, the Cypriot government introduced a terrible solution that was opposed by the people, aggravating the crisis. At the same time, some Cypriot people found that cryptocurrencies, whose prices were in an upward cycle, independent of sovereign currencies, might be able to cope with this crisis. As a result, some funds poured into the small cryptocurrency market in an attempt to avoid risk. Gradually, Cyprus has become an active country for cryptocurrency transactions. In order to help investors truly understand the current status of the cryptocurrency exchanges in Cyprus, the survey team is going to Cyprus for on-site investigations.
In this period, the survey team went to Limassol, the second largest city in Cyprus, to visit the cryptocurrency exchange TTCM as planned. The survey address is 3rd Floor, Thalia 3-Office Number 310-318, Limassol 3011.
The investigators came to a modern office building according to the address on the supervisory information. The TTCM office can be found on a main street in the west of Limassol, with an excellent location and convenient transportation. It's easy to find by street number, and the company logo is eye-catching on the top of the office building.
The investigators contacted the marketing department of TTCM through the access control system, who allowed the investigators to enter the company for a visit. The company name could be seen on the water sign in the elevator room, which is consistent with the disclosed information.
The investigators were received by TTCM's marketing department and the receptionist, and were permitted to take photos of the interior. They also took a group photo at the front desk of the company.
On the background wall in the aisle is the company's business philosophy, "Built on Trust, Investing in People."
The office environment of the company is quite warm. The staff are actively discussing the business. The room is spacious and bright. According to the marketing manager, there are about 50 employees there.
The actual address of the dealer TTCM Cyprus licensed company is consistent with the regulatory address. The office is well decorated, the space is large, and the employees are active and enthusiastic. Investors are asked to make a sensible choice after careful consideration.
The content is for informational purpose only, and shall not be taken as final order for making choice.
1-2 years | Suspicious Regulatory License | Medium potential risk
0044 203 1295899