ADGM warns public against unregistered entity Vibrafund falsely claiming regulatory status
Under ADGM's commercial legislation, it is a serious contravention to misrepresent that an entity is incorporated, registered, or licensed in or from ADGM when this is not the case. This type of misconduct may result in regulatory enforcement action, including (but not limited to) the imposition of financial penalties.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Members of the public should verify the authentic registration and licensing status of any entity claiming ADGM association before investing or providing personal or financial information, using ADGM's Public Register of Entities and the FSRA's Public Register.
The Registration Authority (RA) and Financial Services Regulatory Authority (FSRA) of ADGM have issued an alert regarding an entity using the name 'Vibrafund FZLLC' that falsely claims to be registered, licensed, and authorized by ADGM for digital assets trading. The RA confirms Vibrafund is not incorporated, registered, or licensed with ADGM and does not appear on ADGM's Public Register of Companies. The FSRA confirms Vibrafund has never been licensed to carry on any financial services activities in or from ADGM. The authorities warn that inaccurate claims regarding registration, licensing, and authorisation status may mislead the public into engaging with non-ADGM entities, exposing them to financial risk. Under ADGM's commercial legislation, misrepresenting an entity's registration or licensing status is a serious contravention that may result in regulatory enforcement action and financial penalties. The public is advised to verify any claimed association with ADGM by checking the FSRA's Public Register, ADGM's Public Register of Entities, and using ADGM's document verification tool before engaging with any entity.
Source
Source: ADGM — official 10 Aug 2026 Read the original ↗ More from ADGM →
Quick answers
What do I need to do?
Members of the public should verify the authentic registration and licensing status of any entity claiming ADGM association before investing or providing personal or financial information, using ADGM's Public Register of Entities and the FSRA's Public Register.
Who issued this?
ADGM (UAE).
When was it announced?
10 Aug 2026.
Where can I read the original?
Read the original at ADGM: https://www.adgm.com/media/announcements/adgm-issues-alert-concerning-misleading-claims-by-vibrafund-fzllc
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