OANDA to Transfer Prop Trading Business to FTMO Platform
After FTMO’s acquisition of OANDA, the transfer of the OANDA Prop Trader service to the FTMO platform begins.
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Breaking News: The FTX Group Declared Bankruptcy in the United States
Abstract：FTX is to start U.S. bankruptcy proceedings, and the CEO steps down.
Due to a liquidity crisis at the FTX Group that has prompted intervention from regulators around the world, this famous Crypto exchange announces bankruptcy filing in the United States, and the 30-year-old chief executive Sam Bankman-Fried, whose wealth was estimated by Forbes at around $17 billion just two months ago, will resign.
(Sam Bankman-Fried, former CEO of FTX )
Before that, FTX Group has been struggling to raise billions of dollars to avoid bankruptcy while facing increased regulatory scrutiny.
FTX, its affiliated crypto trading fund Alameda Research and about 130 other companies have initiated Chapter 11 voluntary bankruptcy proceedings in Delaware, the company said in a statement shared via Twitter on November 11, 2022.
(10:14 PM, Nov 11, 2022, FTX group released a statement on Twitter about its bankruptcy. See below.)
At this moment, John J Ray III has been appointed CEO of the group. And Bankman-Fried has resigned but will assist with an orderly transition.
According to some report, this event has hit an already struggling bitcoin and other tokens. Bitcoin fell below $17,000 at this time.
As many clients ask for withdrawals, FXT was scrambling to raise about $9.4 billion from investors and rivals.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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FxPro Review: Withdrawal Denials & Account Freezes — What Traders Need to Know
FxPro, a United Kingdom-based forex broker, has been facing severe allegations concerning fund withdrawal issues, illegitimate account freezes, trade manipulation, and poor customer support. These allegations have been doing the rounds on several broker review platforms such as WikiFX. In this FXPro review article, we have examined these allegations for you to look at. Keep reading to learn how the broker allegedly worsened traders’ experiences.
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Emerging Ponzi Scheme Scam Network: Early-Stage Risk Warning for Global Investors
Although no large-scale public complaints have yet surfaced, we have identified a coordinated cluster of suspicious investment platforms exhibiting strong characteristics of organized fraud operations.
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WikiFX Invitation Rewards Program
Invite friends and earn points, the more you invite, the more you earn!
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