Tag: PrestoTradeOptions

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!

Broker technology and platform provider PandaTS is currently facing some hassles with law enforcement agencies from several jurisdictions. Law enforcement agents from the Israeli police and their counterparts from other jurisdictions reportedly raided PandaTS‘ offices in Israel recently. It is well known that the PandaTS platform is used by many scammers. The UK FCA has followed FinTelegram's assessment and issued an investor warning against PandaTS white-label scam Coinnery operated by Coinnery Ltd.

PandaTS is currently facing some hassles with law enforcement agencies from several jurisdictions. Among them, the Israeli ones. Agents from the Israeli police and their counterparts from other jurisdictions reportedly raided PandaTS' offices in Israel almost two weeks ago. And seized a lot of data. It is well known that the PandaTS platform is used by many scammers, such as the already convicted cybercrime principal Gal Barak. He has also accused PandaTS of manipulating trades for white-label platform clients. In his trial, Barak moved the Austrian court to order a search of his home in Israel and Cyprus.