It is reported that FTX has been selling off crypto assets and hoarding cash to pay off customer debts. Its customers’ accounts have been frozen since the cryptocurrency exchange collapsed in November 2022. One report said that FTX’s largest affiliate had

For foreign exchange investors, the profit and loss of their accounts depends on their own abilities. The most fearful thing is that funds cannot be withdrawn. If it is a compliant platform, it would be fine. If you find out the reasons for the withdrawal

There was a time when investment scams were becoming more common in the vast and interconnected online world, and scams targeting the elderly were increasing. Recently, we discovered a fake investment scam targeting retired teachers - PT FIM. It is report

If you get an unexpected phone call out of the blue with an investment opportunity that offers huge returns, your best bet is to avoid it as it is most likely a scam. What is an investment scam? Scammers call you and tell you about a great investment oppo

2023 saw a surge in enforcement actions by financial regulators around the world, particularly in the United States. An analysis covers penalties imposed by regulators including the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trad

In foreign exchange fraud, some criminals fabricate the myth of "pie in the sky" and "become rich overnight", promising investors high returns. In order to defraud more people to participate in fund-raising, illegal fund-raisers often fulfill the prom

Recently, there has been a surge in customer complaints against a foreign exchange platform called FXCG. According to a complaint from one of the victims, the FXCG platform defrauded him out of RMB 1.59 million by manually manipulating background data, in

Just as the forces of good and evil are always in a state of flux, Forex scams abound due to the bad ideas and negative intentions of some fake brokers and traders. This article provides a comprehensive overview of Forex scams, including its various forms

According to the latest news released by the German financial regulator in January 2024, BaFin clearly stated that the following dealers are not authorized by the KWG and are not allowed to conduct banking business or provide financial services. ForIndex

Recently, a woman in Yangzhou City fell into the trap of telecommunications fraud. Seeing that more than 100,000 yuan was about to be taken away by the scammer, the police cleverly came up with a good way to avert the danger. Mr. Gao, a citizen, reported