The Ontario Securities Commission (OSC) has warned residents of BTCReal, BitSerial, Hypercube Ventures LP, CabinCoin OÜ, and BaapPay Inc. These companies target Canadian investors and are all supposedly connected to cryptocurrencies. The warning comes as they are not registered in Ontario to solicit investments or provide advice on investing in, buying or selling securities. What is more, the companies in question give unrealistic promises about large future profits in a short amount of time and have a highly non-transparent business model.