Finance Magnates and other Forex review sites reported yesterday that the International Financial Services Commission (IFSC) of Belize including World Binary Option which was recently flagged by Cyprus’ regulator.
On the website of Word Binary Option (
In fact, both the CySEC as well as the IFSC included the broker on their respective warning lists in recent days. The Belize regulator informs that the entity is using a fraudulent license. Both regulators say that the World Binary Option website does not belong to any of their regulated and supervised companies.
Information in theCySEC warning issued May 29, 2019
above mentionedwebsite, which suggests that it belongs to an entity that is regulated by CySEC, is misleading and does not correspond to reality.
World Binary Option is a rather young venture. The domain was registered in September 2018 in Panama.
Follow the money – millions identified on Blockchain
The World Binary
This BTC address, in turn, is connected to the two “big” BTC address 17ac9tXHxu1nxdLgLu9WYk7vR8ggFN5GkH and 392LK4ZQD3gixWg5xJRTv1a24N3YDgCbwP where BTC worth hundreds of millions of dollars have been processed over the last couple of years. The latter, for example, is connected to a vast fraud and crime scheme according to Reddit discussion around Sextortion Scam – Follow the money and this article on Medium.
to be continued