Ethereum based platform for secured Foreign exchange market trading. The platform will allow secure Forex trading, CFD trading, Binary Options trading and cryptocurrency trading. The project is designed to prevent fraud on foreign exchange market by means of blockchain technology. ICO starts on 25th of January 2018.
Unathi Kwaza: Watching @Checkpoint_eNCA episode on Forex Fraud. South Africans are too gullible man. I don't feel sorry for any of those losing money. People don't want to work, they want free money. Tsek
The true use case for cryptos! "crypto and forex fraud claims had jumped from 530 to 1,834 in the 2018/19 financial year ... The vast majority — 81 per cent — of the claims related to cryptocurrency scams."
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Banks involed in FOREX fraud want a formerly "rubber stamp" SEC waiver to continue operating as "well-known seasoned issuers"--Problem is that the repeat offenders need a vote of the SEC five commissioners--Stay tuned to see how much it costs to "capture" the SEC
Complaints related to forex fraud include misrepresentation, false advertising, solicitation fraud, unlicensed brokerages, regulatory breaches, failure to adequately disclose risk, and churning accounts to artificially inflate transactional fees and commissions. At the ugliest end of the fraud spectrum are forex-based Ponzi schemes and outright ... An unregulated financial company trading off-exchange Forex, foreign currency futures and options contracts with retail customers is illicit and may be a fraud or scam. In many cases, investors may be guaranteed high returns in the tens of thousands of dollars over a few weeks or months, with a relatively low initial investment. The 4 types of Forex scams. Although the variety of existing fraud schemes is vast, there are three major types, that people tend to be the victim of. To avoid Forex scams, understand how they generally work. #1 - Forex Robot Scams A Forex robot is a trading software that generates automated trading decisions. ForexFraud.com is here to help prevent forex and commodity fraud. The site lists agencies to contact if you experience fraudulent forex schemes. Forex fraud is rampant and can be hard to spot. Whether you’re already trading or thinking about trading this article will show you exactly how to identify a Forex scam.. We’ll be answering if withdrawal issues are causes for concern that a company is a scam as well as many other questions on how Forex scams work.
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