Sector Related News

FX Industry Week Review: Binary Options ICO, ADS management change, CySEC negative balance protection, and ...
Which Binary Options broker is planning to go public via an Initial Coin Offring (ICO)? And what can we learn from that about the overall binary options sector? Which recently-promoted executive is now out at ADS Securities? What did CySEC clarify ...

Posted: September 24, 2017, 9:00 am

FBI arrests Israeli binary options CEO as she disembarks El Al flight at JFK
The Times of Israel
The CEO of an Israeli binary options company accused of defrauding investors out of millions of dollars was doubtless surprised to find herself surrounded by FBI agents shortly after arriving in the United States last week. Binary options is a vast ...

Posted: September 24, 2017, 6:56 am

Govt urged to ban risky binary options investment schemes
ABC Local
Most established traders don't go anywhere near high risk binary option investments, which allow investors to bet on short term fluctuations in the market. Now the Federal Government is being urged to follow countries like Israel and Belgium in banning ...

Posted: September 20, 2017, 10:33 pm

Global investment scam robbing Australians of millions each year as Government urged to act
ABC Online
Legitimate traders registered with ASIC are also concerned, with one chief executive telling the ABC he would support a "a complete prohibition" of simple binary options trading. "We support any steps ASIC decides to make in addressing this ...

Posted: September 20, 2017, 7:12 pm

Tradorax: Binary trading website ceases operations after encouraging people to 'fraudulently' bet on markets
The Independent
Some binary options trading platforms are regulated by the UK's Gambling Commission, but this only applies if the firm has gambling equipment located in the country. Many, including Tradorax, had contact addresses listed on the website that were ...

Posted: September 20, 2017, 6:01 pm

Exclusive: Israeli Binary options fraudster Lee Elbaz arrested in America, faces 20 years in jail
FinanceFeeds (blog)
Aside from the deplorable nature of the fraudulent binary options ruse which has created tremendous damage to the reputation of the genuine retail FX industry worldwide, and has been largely orchestrated by Israeli fraudsters who have absolutely no ...
Breaking: Former CEO of Binary Options Technology Provider Arrested in NYFinance Magnates

all 2 news articles »
Posted: September 20, 2017, 2:59 pm

Contempt of court action against family accused of running binary options site
The Sydney Morning Herald
A father and son duo, who are allegedly part of a ring running an international binary option scheme that has misappropriated millions from Australians, and their lawyer have been accused of contempt of court. Tony Senese, a convicted finance criminal ...

and more »
Posted: September 17, 2017, 7:32 am

Russian regulators to target Seychelles-based binary options firm in illegal advertising case
FinanceFeeds (blog)
According to research by the Russian edition of Forbes, Russia accounted for 29% of the visits of four of the biggest binary options websites in April 2017. Forbes based its estimates on data derived from The data show that in April ...

Posted: September 15, 2017, 12:07 pm

Tennessee Department of Commerce & Insurance notes escalation of binary options complaints
FinanceFeeds (blog)
Binary options fraud continues to spark regulatory concerns. In the face of efforts by bodies like the United States Commodity Futures Trading Commission (CFTC) to eradicate binary options scams and to help protect the public against thus type of fraud ...

Posted: September 14, 2017, 8:04 am

What Legal Recourse Do You Have As A Victim Of Binary Options Fraud?
Binary options fraud is everywhere. The industry has been turned upside down, with many countries banning binary options altogether. The FBI – yes, the government agency – even warns against binary options scams. The agency says it best: “the ...

Posted: September 3, 2017, 11:31 pm