April 23, 2021 BY Steffy Bogdanova
SFC cancels IDS Forex HK Limited’s license and bans former co-CEOs
Kim’s arrest and conviction in Korea fundamentally damages his reputation and reliability. This put serious doubt over IDS Forex’s fitness and properness to be licensed. The SFC expressed concerns about the company due to the correlation and timing of the fraudulent scheme Kim was involved in and his capital injections into the company. Furthermore, the…
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