Tradixa | FinTelegram News

Tag: Tradixa

December 27, 2021

Post-X-Mas! GS4Trade boiler room agents still chase victims!

We warned again about the vanished GS4Trade broker scam several times. The website has since disappeared with the money of numerous victims. In principle but the boiler rooms are still active. The GS4Trade scam has left a wide trail of blood in Europe. Authorities are searching for those behind it. A boiler room agent with the stage name Robin Leo Nicholas is still contacting victims asking them for money for the next scam. Please do not fall for these boiler room perpetrators.

October 10, 2021

Urgent warning! GS4Trade broker powered by BridgerPay is still chasing victims!

In July 2021, the German BaFin had warned against GS4Trade (www.gs-4trade.com) and announced the launch of an investigation. In September 2021, the UK FCA issued another investor warning against the broker scam running as a white-label mutation on the SIRIX platform of Israeli Leverate. GS4trade Invest Limited, registered in the Marshall Islands, allegedly operates the broker, attacking consumers in English and German. As facilitating payment processors, we again found BridgerPay, Jubiter, and CoinDeck.

May 6, 2021

Tradixa broker scam facilitated by Jubiter, Paysend, and PandaTS

A few weeks ago, we warned against the broker scam Tradixa, operating with different domains. Currently, www.tradixa.net is the active domain of the scam allegedly operated by Tradixa Ltd, St. Vincent & the Grenadines, and All Media EOOD, Bulgaria. The facilitating payment processors back then have been Praxis Cashier and ePay. While Praxis Cashier evidently terminated Tradixa, we have been able to establish that Estonian-Slovakian Jubiter and Spanish Paysend also facilitated the broker scam.

April 22, 2021

Chasing Scam Facilitators – The Vienna Cybercrime Trials, SpotOption, and PandaTS

Israeli Gal Barak was sentenced in September 2020 to four years in prison and millions in restitution payments for investment fraud and money laundering in the Vienna Cybercrime Trials. Barak also faces charges in Germany. He was the head of the cybercrime organization E&G Bulgaria, which operated broker scams such as XtraderFX, SafeMarkets, Golden Markets, or OptionStarsGlobal. Payvision was its main payment facilitator, and PandaTS, the white label provider, which Barak charges with similar arguments as the U.S. SEC does in its SpotOption fraud complaint.

April 2, 2021

Investor Warning – Broker scams TradesRun, 24tradex, BGold Capital, and their Balkan boiler rooms

The TradesRun broker has been operated under several domains by several offshore entities such as Evergo Ltd, Marshall Islands. So were 24tradex and BGold Capital scams. However, these offshore companies are always fake. The truth is, that these scams are operated by the Albanian boiler room of 3 FID Tech (a/k/a 3fidtech), owned by the Albanian Brisilda Duraku, who is also the (former?) beneficial owner of Global-Tech DOO in Belgrade. This boiler room company is the criminal entity behind many scams such as Brokerz, Tradixa a/k/a Tradi-Xa, Globalixx, Golden-CFD, and many more.

March 25, 2021

Investor warning – Broker scams Tradixa and Brokerz facilitated by PandaTS

The broker scam Tradixa currently operates with the domain www.tradixa.net. The legal entitiwa behind the scam allegedly used to be Tradixa Ltd, St. Vincent & the Grenadines, and All Media EOOD, Bulgaria. In December 2020, the Italian Consob ordered the scam's website's blackout; several other European regulators have issued investor warnings. The scam is still active and facilitated by Epay as its payment processor.

August 7, 2020

Investor Warnings – Austrian FMA warns against broker scams – illegal payment processors exposed

The Austrian Financial Market Authority FMA has recently issued several investor warnings. Specifically, the FMA warns against the broker scams Tradixa, GFXRoyal (GFX Finance), HBC Market (HBC Markets), and BSB Global. The FinTelegram Research Team has looked at the special features of these scams. And this is what we found:

SEC and Binance Agree to 60-Day Pause in Landmark Crypto Case: Industry Watches for Regulatory Shift

The U.S. Securities and Exchange Commission (SEC) and Binance have jointly filed a motion to pause their ongoing lawsuit for 60 days, marking a significant development in the high-profile case against the world's largest cryptocurrency exchange.It is undeniable that a new spirit has entered the US crypto scene since Trump took office.

SEC X Account Hack: Alabama Man Pleads Guilty!

Eric Council Jr., a 25-year-old from Alabama, has pleaded guilty to his role in the January 2024 hacking of the SEC’s X account, which led to a fake BTC ETF approval announcement. The false post briefly spiked Bitcoin’s price by over $1,000 before the SEC regained control and corrected the information. The hack was executed via a SIM swap scheme, and Council received Bitcoin payments for his role.

Phobos Ransomware Affiliates Arrested in Global Crackdown!

The U.S. DOJ has unsealed charges against Russian cybercriminals Roman Berezhnoy and Egor Nikolaevich Glebov, key figures behind the Phobos ransomware group, which extorted over $16 million from more than 1,000 victims worldwide. Their arrests were part of a coordinated international operation, including the takedown of 100+ servers used by the ransomware network.

Didier Reynders And The Affair That’s Staggering Belgium!

Former EU Justice Commissioner Didier Reynders is under investigation for alleged money laundering through the Belgian National Lottery. The case, which has been ongoing since 2023, involves suspicious transactions spanning several years, potentially extending into 2024. It's "the affair that's staggering Belgium," wrote the daily La Libre Belgique on January 30.

Moneyval

MONEYVAL Urges Guernsey to Step Up AML Enforcement!

MONEYVAL has called on Guernsey to strengthen its fight against money laundering, particularly in investigation, prosecution, and conviction efforts. While praising the island's risk awareness and sanctions enforcement, the report raises concerns about law enforcement’s limited use of financial intelligence and the quality of suspicious activity reports (SARs).