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Last updated - January 28, 2026
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Michael Landsberger, ex-EuropeFX GM, linked to a broker with CySEC license loss, now COO at Magic Square in high-risk Web3. Transparency, oversight, and compliance gaps raise elevated risk, requiring enhanced due diligence.
General Manager
Chief Operating Officer
High Risk
Based on the available data, we advise consumers to avoid this Individual altogether.
This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.
You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.
Medium Risk
Based on the available data, we advise employees to be mindful when considering or continuing work with this Individual.
This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.
Employment with this entity may involve moderate risks.
Based on the available data, we urge investors and bankers to avoid financial involvement with this Individual.
This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.
Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.
Safe to Onboard
Enhanced Due Diligence required
Do Not Onboard
Monitor adverse media every 6 months
File SAR (Suspicious Activity Report) is warranted
Escalation to compliance committee
None
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EuropeFX, where he was GM, had its CySEC license suspended in 2021 and withdrawn in 2023.
EuropeFX received complaints about fund withdrawals and misleading risk disclosures.
As COO of Magic Square, he operates in a volatile, lightly regulated industry.
Limited public information exists about his roles at EuropeFX and Magic Square.
Mixed; EuropeFX’s controversial history contrasts with Magic Square’s emerging profile.
Reports suggest oversight gaps at EuropeFX, raising concerns about client fund management.
Investigative articles highlight regulatory issues and customer complaints during his tenure.
His transition from regulated finance (EuropeFX) to Web3 (Magic Square) may pose conflicts in risk oversight.
There is no publicly available information on his personal or corporate tax compliance.
No direct personal lawsuits are reported, but companies he managed faced regulatory actions.
Regulatory and Compliance Screening
Litigation and Legal Proceedings
Reputational and Adverse Media Risks
Geographic and Jurisdictional Risk
What you see here scratches the surface
We offer reward for actionable intel
The article reviews Michael Landsberger’s EuropeFX tenure, highlighting regulatory actions and client complaints tied to broker mismanagement.
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The article highlights EuropeFX being blacklisted by CySEC and FCA for regulatory non-compliance, warning investors of potential scam risks.
The Traders Union article warns EuropeFX lost regulatory status, faced client withdrawal issues, and advises caution due to high investment risks.
Other Red-Flags and Adverse News
Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.
Known Assets: [Real estate, investments, companies]
Suspicious Transactions
Liabilities: [Bankruptcies, defaults, debts]
Wealth Sources: [Legitimate / Unclear / High-risk]
Bank Relationships
Ultimate Beneficial Owner(s) (UBOs)
Shareholding structure
Associated entities & subsidiaries
Offshore / shell company links
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Business Model Assessment
All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.
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2.9
Highly experienced
Well-recognized name
Faced allegations of scamming others
Allegedly sold fake silver
Sued multiple times
Unregulated industry
Alarming number of complaints online
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Investigative outlets have highlighted patterns at EuropeFX that resemble boiler‑room‑style operations — such as cold‑calling vulnerable investors, promoting high‑leverage trades without clear disclosure, and alleged misuse of client funds — reflecting poorly on executive oversight.
1/5
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EuropeFX, where Landsberger held senior management, was widely criticised in regulatory and independent reports for aggressive sales tactics, misleading risk disclosures, and client withdrawal issues, which contributed to losses for many traders.
Given the history of compliance failures under Landsberger's leadership, stakeholders should exercise caution when engaging with ventures he is involved in.
The pattern of regulatory scrutiny faced by companies associated with Landsberger suggests a need for more stringent oversight in his future endeavors.
Landsberger's tenure at EuropeFX, marked by regulatory penalties and client fund mismanagement, reflects poorly on his executive leadership.
The lack of transparency in Landsberger's professional history, especially concerning past regulatory infractions, is concerning for potential investors.
Despite previous controversies, Landsberger's continued involvement in financial ventures raises questions about his commitment to ethical business practices.
The repeated regulatory issues faced by companies under Landsberger's management indicate potential deficiencies in corporate governance and risk management.
Landsberger's leadership at EuropeFX coincided with the company's failure to segregate client funds, a fundamental breach of financial regulations.
The transition from EuropeFX to Magic Square, another high-risk venture, suggests a pattern of involvement in companies with questionable compliance records.
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