Tag: 7XFX

We published a warning against the 7XFX broker scam in October 2021 which accepts deposits from its clients (victims) in Bitcoins only. The UK Financial Conduct Authority (FCA) also issued a warning against the 7XFX (www.7xfx.com) broker scam. Unfortunately, despite the warnings, the broker scam is still online and attacking consumers. The notorious Israeli white-label broker platform PandaTS powers the scam! We strongly advise all people to stay away from 7XFX and protect themselves from losses.

The Daxiron broker scam operates with the new domain www.dax-iron.com. FinTelegram has warned several times over the last months against the Daxiron broker scam, which is only one of many broker scams running on the Israeli-Cypriot white-label platform PandaTS. The UK Financial Conduct Authority (FCA) joined FinTelegram in issuing a warning against Daxiron. We understand that law enforcement agencies in various countries investigate PandaTS and its clients. Here is an update!

The exploding cryptocurrencies are constantly creating new scams that focus on the greed of consumers who still want to get in. Alongside this, every day, we find ever-growing warnings from financial market regulators against funds recovery schemes. And more and more law enforcement actions against scammers. That's the good news. Today the UK FCA issued a warning against the 7XFX broker scam. A white label scam of the Israeli PandaTS. Please shut them down!