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Latest Original Industry Brokers Forex Encyclopedia

Regulators Uncover $1.2 Billion Fraud Linked to IM Academy

A global investment training company operating under multiple brand identities has come under intense legal scrutiny after being accused of defrauding consumers of over $1 billion. The Federal Trade Commission (FTC) and the state of Nevada jointly filed a lawsuit on Thursday, alleging the company used deceptive tactics and exaggerated income claims to lure thousands of individuals into its schemes.

News 05-06

U.S. Treasury Targets Cambodia’s Huione Group for Cybercrime Money Laundering

U.S. Treasury targets Huione Group for laundering $4B in cybercrime funds, including North Korea’s Lazarus Group scams, to disrupt global illicit finance networks.

News 05-06

Westpac Fined NZ$3.25 Million Over Misleading Fee Practices Affecting 24,000+ Customers

Westpac has been fined NZ$3.25 million by the New Zealand High Court for misleading pricing practices that impacted over 24,000 customers due to systemic failures.

News 05-06

Italy’s Consob Blocks Four Crypto Platforms for Unauthorized Services

Italy’s Consob has ordered the blackout of four unauthorized crypto service websites—Egplus.vip, Egalite.bond, Arbismart.com, and Blockbyteq.top—to combat illegal financial activity.

News 05-06

ATFX Reaffirms Commitment to Traders and Community Growth

ATFX reaffirms commitment to traders and growth through innovation, education, and community outreach, partnering with Duke of Edinburgh Cup for youth empowerment.

News 05-06

MultiBank, MAG, and Mavryk Partner for $3B RWA Tokenization

MultiBank Group, MAG, and Mavryk have launched the world’s largest RWA tokenization project, valued at $3B, to revolutionize digital finance with blockchain.

News 05-06

UK and India agree \landmark\ trade deal

The deal will give better access for UK whisky and cars to the Indian market.

Industry 05-06

Deliveroo deal shows UK still can\t hang on to big firms

The takeover by a US firm shows the differing fortunes and attractions of US and UK stock markets.

Industry 05-06

Gold Price Rises Again, Breaking Through $3,300 Per Ounce

This article analyzes the reasons behind the rise in gold prices and explores the challenges the market may face in the future, as well as the potential risks and opportunities for investors.

News 05-05

TNFX Scandal: Scam Allegations and Regulatory Risks

Traders from diverse regions, including Iraq, Africa, the USA, the UAE, etc., have raised serious concerns about TNFX and its operations and have also brought forward reports of legal actions and security service reviews. All the instances and proofs point toward the broker being scammy and unreliable.

Exposure 05-05

WealthFX: Scam Allegations and Regulatory Risks Uncovered

A trader from India has raised serious allegations against WealthFX for their scammy practice, including denied withdrawals. Having a trust score as low as 1.88 out of 10 and no regulatory license, the broker comes with a high risk for traders’ funds.

Exposure 05-05

Key Things People Want to Learn Before Investing in Forex Trading

Learn forex trading basics: currency pairs, brokers, risk management, analysis, and avoid beginner mistakes. Start smart with this guide!

News 05-05

The Golden Trap: How Gold Scams Soar with Gold's Bullish Momentum

In recent years, gold has been on a remarkable bullish streak, prompting investors to flock to the precious metal as a hedge against inflation and global uncertainty. While gold's upward momentum has been beneficial for many, it has also triggered a concerning rise in scams targeting unsuspecting investors. As the value of gold continues to surge, so too do the schemes designed to exploit those eager to capitalise on its appeal.

News 05-05

EVR Investment Academy Duped a Retiree Out of RM586,450

A 50-year-old Malaysian retiree has lost RM586,450 to EVR Investment Academy, which operates as a fake investment ‘academy’ that promises high returns through a non-existent trading platform.

News 05-05

Promised 200% Return in 3 Months Turned into a RM1.8 Million Scam?!

He was promised a 200% return in 3 months. Do you think that’s too good to be true?!

News 05-05

KuCoin Plans Return to South Korea Amid Compliance Push

KuCoin plans a South Korea return after a compliance push, facing regulatory hurdles in South Korea and Europe. CEO BC Wong eyes global crypto exchange growth.

News 05-05

FCA Shuts Down Direct Trading Technologies Over Fraud Concerns

FCA revokes DTT's UK license over falsified audit records and poor financial controls. Firm must return client funds and cease all regulated services.

News 05-05

FTC and Nevada Target $1.2 Billion Investment Scam | IML Exposed

FTC and Nevada crack down on IML scam, exposing false earnings claims and deceptive multi-level marketing tactics that stole over $1.2 billion from consumers.

News 05-05

Vebson’s False Facade: A Scam Broker Stealing Your Profits?

Traders from Portugal, Malaysia, and Hong Kong have raised alarms on Vebson, an unregulated broker accused of scam tactics. Complaints of blocked withdrawals, baseless trade cancellations, fabricated regulatory claims, and hostile customer service expose a pattern of deceit, threatening traders’ hard-earned funds.

Exposure 05-05

SEC seeks to reopen case against Renwick Haddow to modify asset freeze

On April 24, 2025, the U.S. Securities and Exchange Commission (SEC) filed a motion in the Southern District of New York seeking to reopen its enforcement action against Renwick Haddow. The goal is to adjust the scope of a nearly eight-year-old asset freeze so that certain foreign real-estate assets may be sold by bankruptcy trustees in the U.K.

News 05-05

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Regulators Uncover $1.2 Billion Fraud Linked to IM Academy

U.S. Treasury Targets Cambodia’s Huione Group for Cybercrime Money Laundering

Westpac Fined NZ$3.25 Million Over Misleading Fee Practices Affecting 24,000+ Customers

Italy’s Consob Blocks Four Crypto Platforms for Unauthorized Services

ATFX Reaffirms Commitment to Traders and Community Growth

MultiBank, MAG, and Mavryk Partner for $3B RWA Tokenization

UK and India agree \landmark\ trade deal

Deliveroo deal shows UK still can\t hang on to big firms

Gold Price Rises Again, Breaking Through $3,300 Per Ounce

TNFX Scandal: Scam Allegations and Regulatory Risks

WealthFX: Scam Allegations and Regulatory Risks Uncovered

Key Things People Want to Learn Before Investing in Forex Trading

The Golden Trap: How Gold Scams Soar with Gold's Bullish Momentum

EVR Investment Academy Duped a Retiree Out of RM586,450

Promised 200% Return in 3 Months Turned into a RM1.8 Million Scam?!

KuCoin Plans Return to South Korea Amid Compliance Push

FCA Shuts Down Direct Trading Technologies Over Fraud Concerns

FTC and Nevada Target $1.2 Billion Investment Scam | IML Exposed

Vebson’s False Facade: A Scam Broker Stealing Your Profits?

SEC seeks to reopen case against Renwick Haddow to modify asset freeze

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IronFX Broker Review 2025: A Comprehensive Analysis of Trustworthiness and Performance

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Nonfarm Data Lifts Market Sentiment, U.S. Stocks Rebound Strongly

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Review & Win! Thousands in Rewards Being Distributed Now!

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