Massive $11 million settlement between us authorities and banc de binary


I had to hire a professional to get my money back. John Price says he lost thousands of pounds to BinaryBook while sick with cancer. This page was last edited on 24 Marchat

Haji says he personally called clients in the USA when he was at Linkopia. A second journalist traced the scam to Banc De Binary, which did not respond to his inquiries. Archived from the original on January 12, Retrieved January 12,

In countries where it was not banned, the company operated an online trading website through which customers could buy binary options, predicting whether the price of a certain commodity will go up or down in a specific time period, as short as 60 seconds. A company official announced on January 9, that the company would be closing because of "consistently negative press" coverage. But it is not overseen by the Gambling Commission either, because that institution only regulates operators that have equipment based in Britain. Despite this, Banc de Binary was brought to trial in Nevada. Archived from the original on January 13,

Cyprus Securities and Exchange Commission. Retrieved January 11, They allegedly impersonated SEC employees promising to help victims of Banc De Binary's scams obtain repayment of lost funds.

Commodity Futures Trading Commission. Unravelling a fake news story involving Stephen Hawking". The Bureau has spoken to a former Linkopia staff member who says he worked on BinaryBook and another controversial binary options brand. Many of the creditors say they have been denied access to their money. A Facebook post by a Yukom salesman.