PumaTS | FinTelegram News

Category: PumaTS

April 2, 2021

Investor Warning – Broker scams TradesRun, 24tradex, BGold Capital, and their Balkan boiler rooms

The TradesRun broker has been operated under several domains by several offshore entities such as Evergo Ltd, Marshall Islands. So were 24tradex and BGold Capital scams. However, these offshore companies are always fake. The truth is, that these scams are operated by the Albanian boiler room of 3 FID Tech (a/k/a 3fidtech), owned by the Albanian Brisilda Duraku, who is also the (former?) beneficial owner of Global-Tech DOO in Belgrade. This boiler room company is the criminal entity behind many scams such as Brokerz, Tradixa a/k/a Tradi-Xa, Globalixx, Golden-CFD, and many more.

April 1, 2021

Attention! A BrokerZ confession, TradingCRM, and Albanian fake companies

In the last few weeks, we have intensified our efforts to uncover "old" broker scams like Brokerz. In the process, we discovered that the current version of Brokerz is active as a white-label solution from Israeli PandaTS with the Praxis Cashier. Brokerz is one of literally dozens of scams from the Leverate network and is managed by their boiler rooms in Albania. Some of these illegal boiler rooms use TradingCRM, owned by Ran Strauss, one of the beneficial owners and managers of the Leverate Group. We were also made aware of the report of a former employee on Trustpilot.

March 26, 2021

Follow the money – Global Markets scam proceeds laundered via GlobalNetInt

We have recently reported on the GlobalMarkets (a/k/a Glob Markets) broker scam, which has been highly active over the last few years but seems to be disappearing. The scam was operated under various domains by Cubic Services Ltd, Seychelles. Numerous regulators have warned against the scam and the operator since 2019. Despite these public warnings, how could the scam still steal customer funds? If you follow the money trail, you again end up with MoneyNetint Group (MNI) and its GlobalNetInt (GNI) in Lithuania.

October 10, 2020

Investor Attention – Cyprus Leverate enters into a sponsorship with German Hertha BSC

It's no secret that the CySEC-regulated forex retail industry loves football and is promoting its brands and acquiring customers by sponsoring well-known European football clubs. This was the case in the age of the largely fraudulent binary options industry when Banc de Binary sponsored English FC Liverpool. Currently, EverFX sponsors Spanish top club FC Sevilla and now Leverate is sponsoring German Hertha BSC to create awareness for its brand FXPN.

August 23, 2020

FCA warns against PumaTS scam RoyalStox!

The UK regulator FCA has issued an investor warning against the scam broker RoyalStox (www.royalstox.com). This is operated by Marom Partners Limited on St. Vincent and the Grenadines. The scam is part of the Leverate and PumaTS network and connected to their Activ8 trading servers. It’s another full-blown scam from without any special features. The scam works with the payment processors Praxis Chashier and QubePay for crypto payments.

August 21, 2020

FMA warns against CapitalFX broker scam – perpetrators exposed!

The Austrian regulator FMA has issued an investor warning against the scam broker CapitalFX (www.capitalfx.co). This is operated by Aegion Group Ltd on St. Vincent and the Grenadines. The scam is part of the Leverate and PumaTS network and connected to their Activ8 trading servers. It's another scam without any real special features. The payment processor is Paycent. We have exposed the scammers.

August 19, 2020

PumaTS – Whitelabel scam broker platform back online and first scam profiles

The FinTelegram Research Team supported by whistleblowers, has been investigating the PumaTS Scam Broker Network. Shortly after the first report, the PumaTS website went offline. Recently it has been available again. The close connection to CySEC-regulated Leverate Financial Services and its products is still visible. Our R4I to Leverate on the nature of the partnership has remained unanswered so far but nevertheless we have done the profiling of the first scams.

August 19, 2020

Scam broker RoyalsFX, LincolnFX, and CapitalFunds are part of the Joshua Group

In the last weeks, we have invested considerable time and resources in the Scams RoyalsFX and LincolnFX. These scams have been facilitated by different payment processors to defraud clients in crypto and FIAT. These scams and many more are part of the scam network of the Joshua Group.

July 26, 2020

Austrian regulator FMA warns against Joshua Group and its 10CryptoMarket scam

On 25 July 2020, the Austrian Financial Market Authority FMA issued an investor warning against Joshua Development Ltd and its new broker scam 10CryptoMarket (www.10cryptomarket.com). In the past years, the Joshua Group has operated a number of scams via various dummy companies such as Joshua Consulting Ltd, Joshua Partners EOOD, or Joshua Development Ltd. Financial market supervisory authorities have issued corresponding investor warnings against the Joshua Group.

July 24, 2020

FCA warns against PumaTS white-label broker scam Blackstone500

Currently, not a day goes by without a financial market regulator warning about one of the scams from the worldwide PumaTS scam broker network. It's about time for law enforcement agencies in various EU jurisdictions to take action. PumaTS is a white label broker platform provider and operates a vast scam broker network. On 22 July 2020, the UK Financial Conduct Authority (FCA) issued a public investor warning against CFD broker Blackstone500 (www.blackstone500.com).

July 22, 2020

Investor Warning: BlueSave broker scam and its payment processors

It appears that the brands belonging to the PumaTS Scam Broker Network are currently very high on the priority list of the financial market regulators across the EU. The FCA issued another investor warning against the PumaTS BlueSave operating under the domain www.bluesave.io. And once again, a company registered in St. Vincent and the Grenadines is the scam operator. Cyprus Praxis Pay, Estionan Tinkbit, and Russian 4bill are the facilitating payment processors.

July 21, 2020

UK FCA warns against RoyalGTX with connections to Estonian payment processors and PumaTS

The UK Financial Conduct Authority (FCA) has issued a public investor warning against the broker Scam RoyalGTX. This Broker Scam has indeed interesting connections to Estonian payment processors and is to be positioned via Juno Group Ltd in the environment of the Scam Broker Network of PumaTS. The RoyalGTX scam is facilitated by the payment processors iPayTotal and NeoBanQ. And there are other interesting connections.

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.