The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Terium Gestium. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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Bitcoin prices are surging again, testing the $4,000 psychological level once more and doing their best to convert this formidable resistance plateau to one of support. If Bitcoin is to accelerate to higher realms, it must build a launching pad from which to do so, but analysts remain confused as to what is driving this…
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The U.S. Commodity Futures Trading Commission (CFTC) today revealed that the U.S. District Court for the Western Division of California’s Central District entered an order granting the CFTC’s submission for a default judgment (Order) accompanied by a judgment aligned with the Order (Judgment) against the accused Jin Choi (Choi), who is a Republic of South…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Sucden Financial. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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Hong Kong’s Securities and Futures Commission (SFC) today issued an official reprimand of BOCI Securities Limited (BSL) and fined the company HK$10 million due to its internal controls and systems failures in the selling of its investment products. The disciplinary measures issued by the SFC followed an official investigation where it was discovered that BSL…
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CFH Clearing, TradeTech Group’s Liquidity Provider and Prime of Prime brokerage, just announced that it has promoted Paul Groves to its newly created role Head of European Sales. Paul Groves has been working in sales at CFH Clearing for 9 years. Groves will report directly into CFH Clearing’s CEO, Matthew Maloney. CFH Clearing recently announced that Marc…
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Many know that AlibabaCoin is actually not a product of Alibaba Group China. It is a product of the Dubai-based ABBC Foundation (Alibabacoin Foundation). Upon understanding of the AlibabaCoin’s existence, the Chinese company filed a lawsuit, as the name AlibabaCoin wrongly leads to Alibaba Group. However, the lawsuit may have come out of a different…
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Insiders have spoken out: Binance is set to become the world’s first decentralized platform in the very near future. The speculation comes primarily from Binance Coin investors, who now believe that Binance will migrate the entire company value to its native digital coin; all of this is expected to happen within five years. Binance Coin…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Schurz Helmut. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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Deutsche Bank and Commerzbank revealed on Sunday that they were in merger talks, which confirmed the rumors that had circulated hinting at the merger. The announcement did not come as a surprise given the manner in which Deutsche Bank has struggled since the 2008 financial crisis. However, the announcement triggered concerns by labor unions about the likelihood that…
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