ApcoFX | FinTelegram News

Tag: ApcoFX

January 10, 2021

Scam-Facilitating Crypto Payment Processor Zichain and its network

Zichain OÜ is a crypto payment processor and exchange licensed by the Estonian FIU. Besides, the company is also licensed as a general financial services provider and is doing business as Zichain, Cryptoeye, and Rashbe. Currently, one can only conduct crypto transactions through Zachain. Rashbe is associated with scams like Swiss500 or ApcoFX. In turn, Swiss500 is closely associated with a Russian high-risk payment processor and its network.

September 7, 2020

UK FCA warns against broker scam ApcoFX operating with Estonian crypto entities

The UK FCA has issued an investor warning against the scam broker ApcoFX (www.apcofx.com), allegedly based in Germany and London. The scam is being developed in cooperation with the Estonian crypto payment processors CryptoFactory OÜ and their crypto exchange Bitxtech (www.bitx-pay.com) and Zichain OÜ and their Rashbe (www.rashbe.com) Crypto Payment Platform. Both companies have one of the worthless Estonian FIU licenses.

The Billionaire Era: How Wealth Supremacy and Oligarchs are Dismantling Democracy in 2025!

In 2024, the world witnessed an unprecedented surge in billionaire wealth, with fortunes swelling by a staggering $2 trillion—an increase occurring at a rate three times faster than the previous year. This translates to an astonishing $5.7 billion amassed daily. Simultaneously, the global poverty rate has remained virtually unchanged since 1990.

FinTelegram

CFTC Seeks $338.7 Million Fine Against Yukom Enterprises Operators: A Landmark Blow Against Binary Options Fraud!

The U.S. CFTC is pursuing a $338.7 million penalty against Yukom Enterprises and its operators, Yossi Herzog and Lee Elbaz, for orchestrating a global binary options fraud. Elbaz, the former CEO of Yukom, is currently serving a 22-year prison sentence for wire fraud, while her boss, Yossi Herzog, remains on the run.

Trump vs. Melania: Meme Coin Showdown Rocks Crypto Market on Inauguration Eve!

Welcome to the crypto presidency. On the eve of Donald Trump's presidential inauguration, the crypto world was rocked by an unprecedented "meme coin war" between the President-elect and his wife, Melania Trump. The $TRUMP coin, launched just days ago, saw its meteoric rise abruptly halted as Melania unexpectedly unveiled her own $MELANIA token, causing a seismic shift in the market.

Exposing the Dark Side of Online Gambling: Whistleblower Reveals Alarming Tactics of Illegal Platforms in the UK!

A whistleblower has courageously stepped forward to expose the alarming operations of unlicensed online gambling platforms targeting vulnerable individuals in the UK. These platforms, operating under offshore licenses, exploit problem gamblers, circumvent self-exclusion systems, and engage in illegal payment practices.