Tag: Banc de binary

Is Playnance the new frontier for financial “games” in the age of blockchain, led by the controversial founder of SpotOption? The legendary SpotOption, under the stewardship of the Israeli Pini Peter, was the undisputed titan of the binary options industry—a sector now globally condemned as fraudulent and responsible for bilking hundreds of thousands of retail investors out of billions of dollars.

In 2008, the Bitcoin white paper was published by unknown individuals and implemented in its initial release in 2009. In this period, we also see the birth of the binary options industry. The infamous Banc de Binary was founded by Oran Laurent at the time and lasted until 2017 before it had to close due to legal and regulatory issues. As of 2017, Binary Options were banned in most regulatory regimes due to their susceptibility to fraud. After the crypto debacles of 2022, does the Bitcoin industry face a similar fate? Here are our thoughts on the matter.

German authorities are known for their slow thoroughness. The culture of the Germans is to plan and build complex things and then run the machine effectively. It took a few years to get the machine running even in the fight against cybercrime and scammers. But now the war machine is running. They declared war on the Israeli cybercrime scene. Reportedly, Gal Barak's deputy Kfir Levy has now also been arrested in the Philippines. At the request of the German authorities.

FinTelegram has published reports about N.A. Naspay and the BigWallet payment services providers in the last weeks. In addition,...

While the U.S. authorities and courts consequently work their way through the fraudulent binary options industry the Europeans are...

In part I of our reports on the Wirecard involvement in the binary options industry we exposed the company's...