Recently, a Taiwanese exchange friend revealed that he faced various fees when applying for a withdrawal on the GROUP 500 platform and was unable to withdraw cash at all. Currently, the platform URL cannot be opened. It is not possible to withdraw cash on

Hong Kong police have arrested 219 people in a crackdown on a fraud syndicate suspected of defrauding residents, including wealthy professionals, of more than HK$500 million ($64 million). Chief Inspector Lam Ka-ching of the Hong Kong Regional Crime Unit

Profits are quick, and if you want to withdraw money, you have to pay a large deposit first. This is a common trick of black platforms. Such fraud routines have been repeatedly reported and exposed by major media, but unfortunately, it is still Some peopl

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 The most fearful thing is that funds cannot be withdrawn.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