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30 September 2021

The AMF warns against the Initial Coin Offering of the company Air Next

The Autorité des Marchés Financiers (AMF) is warning the public about the risks of fraud associated with the Initial Coin Offering (ICO) prepared by the company Air Next.

The AMF has been contacted by Air Next to obtain a visa for its proposed ICO. The project's initiators submitted documents to the AMF, some of which are suspected of being forgeries. 

The AMF points out that no visa has been issued for the ICO conducted by the company Air Next, nor for any other token offering performed by this company. This ICO does not benefit from the legal guarantees associated with the AMF approval. This offer has allegedly been directly marketed to the public in France, in infringement of Article L. 341-10, 6° of the Monetary and Financial Code, which is subject to criminal penalties.

Pursuant to Article 40 of the Criminal Procedure Code and Article 621-20-1 of the Monetary and Financial Code, the AMF is sending the Paris public prosecutor's office the information it has concerning Air Next and its website

The AMF urges investors who may be approached (by telephone, mail, social networks, instant messaging, etc.) to invest in this project to be vigilant and to refrain from passing on these solicitations to third parties.

About the AMF
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information. The AMF also supervises the orderly operations of markets.Visit our website

AMF Communications Directorate