Abstract:TriumphFX's recent launch of a virtual currency called TFX. Critics have claimed that TFX is part of a Ponzi scheme, designed to prevent investors from withdrawing their funds. Additionally, the platform has been accused of engaging in continuous brainwashing to promote TFX as a long-term investment opportunity in various social media groups.
TriumphFX has recently launched a virtual currency called TFX, which has raised concerns among some traders. Critics argue that TFX is part of a Ponzi scheme, designed to trap investors and prevent them from withdrawing their funds. Some even claim that the platform has been engaged in continuous brainwashing, promoting TFX as a long-term investment opportunity in various social media groups. Without further ado, take a look at the following pictures and text to learn how TriumphFX is luring you into becoming a “chive”.
At WikiFX, we believe that traders should be aware of the risks associated with investing in virtual currencies like TFX. We encourage all traders to exercise caution and to thoroughly research any platform before investing their hard-earned money. With WikiFX, traders can easily filter out blacklisted platforms and access all the information and tools they need to make informed trading decisions. Join the discussion and share your thoughts with us in the comments below.
Meta removes over 23,000 scam accounts, using deepfakes and fake investment apps to defraud users in Brazil and India. Learn how to protect yourself from scams.
Meta warns users about rising financial scams online. Learn how to protect yourself from investment fraud and avoid losing money to scammers.
Platforms like IQ Option, even after being regulated and holding a valid license, have been falling short in meeting the traders’ expectations and safeguarding their funds. What is more concerning is instead they have been found to be opting scammy practices and wiping away the traders’ accounts and funds.
An Egyptian trader has raised accusations against iFOREX for its scammy practices, including unauthorized fund deductions and account suspension. Adding to that, several others have made a trail of exposure-seeking comments on WikiFX, raising questions on the broker’s reliability and operations.