BigOption | FinTelegram News

Tag: BigOption

December 4, 2019

What the extradition of alleged Israeli broker scam perpetrator Gal Barak to Austria means for European fight against scams and cybercrime

Finally, it happened! Tens of thousands of scam victims in the EU have been waiting for this for months. EFRI has sent petitions to the..

November 19, 2019

Yossi Herzog and Kobi Cohen – Wanted for masterminding scam broker schemes across 3 continents

The Israeli Yossi Herzog, who apparently lives in Mauritius, and his Israeli apprentice Kobi Cohen certainly had a better life already. They currently being charged..

September 21, 2019

Yukom Case – Liora Welles sentenced to 14 months and $2.2 Mio restitution payment! More fraud and more investigations!

California native Liora Welles, who is also an Israeli citizen, burst into tears when U.S. District Judge Theodore D. Chuang read out her sentence in..

September 19, 2019

Yukom Case – New arrests, restitution payments, postponed sentencing, and CFTC complaint

As expected, the Yukom case involving binary options fraud with BinaryBook and BigOption, which is being indicted in the United States, is developing into a..

September 2, 2019

The sentencing of binary options and fund recovery fraudster Austin Smith expected tomorrow!

The sentence of binary options fraudster and fund recovery perpetrator Austin Smith is scheduled in the U.S. tomorrow. The New York-born Israeli Smith was one..

August 17, 2019

Yukom Binary Options Fraud Case – Follow the money! Fibonatix, Payobin and other involved payment services providers

The Yukom Enterprise binary options fraud scheme, currently being prosecuted by U.S. Prosecutors and sued by the U.S. Commodity and Futures Commission (CFTC) for binary..

August 15, 2019

Yukom Case – U.S. CFTC filed binary options lawsuit against Yossi Herzog, his companies and partners

After Lee Elbaz was sentenced by a U.S. jury for fraud with binary options around Yukom and the schemes BinaryBook, BigOption, and BinaryOnline the U.S...

August 9, 2019

Lee Elbaz – the guilty verdict and its consequences for binary options scams, boiler rooms, and victims

The jury’s guilty verdict against the Israeli Lee Elbaz for binary options fraud will have a huge impact. Lee Elbaz was CEO of Israeli boiler..

August 7, 2019

Yukom Case – Justice works, binary options boiler room executive Lee Elbaz found guilty and was ordered to be taken into custody

According to Simona Weinglass of The Times of Israel, the trial against the Israeli Lee Elbaz, former CEO of the Israeli boiler room operator Yukom..

July 29, 2019

Yukom Trial – How the f*cking money machine made boiler room operators rich at the expense of retail investors

Simona Weinglass of The Times of Israel published a summarizing article to the first week of the trial against the Israeli Lee Elbaz and thus..

July 25, 2019

Lee Elbaz Jury Trial Day 6 – FBI agents explained SpotOption involvement in account manipulations

Lee Elbaz is on trial for the $150 million binary options scam around Yukom Communications. Allegedly, she wanted investors to lose profits from their trades..

July 19, 2019

Yukom Trial – about boiler room vampires and systematic lies to investors

On the second day of the Lee Elbaz trial former Yukom employee Shira Uzan took the stand and told the jury that Elbaz coached her on how to lie to investors to bring in more cash.

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.