Another ‘Tan Sri’ Targeted, RM347 Million in Assets Seized in MBI Scam
Malaysia’s police are stepping up their investigation into the MBI investment scam, a multi-billion ringgit fraud that has dragged on for nearly a decade. The Royal Malaysian Police (PDRM) is now planning to arrest another prominent figure with the title ‘Tan Sri’, following recent arrests and major asset seizures.
RM15,000 Profit Turned into RM1.1 Million Loss for Engineer!
What started with a small profit of RM15,000 quickly turned into a financial disaster, draining an engineer’s savings and money borrowed from family.
Germany’s April PMI Falls Below 50 as Service Sector Stumbles
Germany’s composite PMI fell to 49.7 in April, signaling a contraction in private sector activity for the first time in four months. The decline was driven by a steep drop in services, while manufacturing showed modest improvement.
Avoid These Sites: FCA Names 11 Suspicious Financial Firms
The UK Financial Conduct Authority (FCA) has flagged 11 websites—such as SELFTRADEINV, PROBIT INVESTMENTS, and CryptoNovaPRO—for offering financial services without proper authorization.
KuCoin Thailand Launches as Top Crypto Exchange in 2025
KuCoin Thailand launches with SEC approval, offering secure crypto exchange services and digital asset trading in Thailand with enhanced technology and safety.
PayPal Opens Regional Hub in Dubai, Expands Middle East Reach
PayPal opens Dubai hub as Middle East HQ & offers 3.7% PYUSD stablecoin yield, enhancing global commerce and digital assets in 2025.
FINRA fines SpeedRoute for alleged rule violations
The Financial Industry Regulatory Authority (FINRA) has imposed a $300,000 fine on SpeedRoute LLC for a series of supervisory, risk management, and anti-money laundering (AML) program deficiencies spanning from 2017 to the present. Of this amount, $75,000 is payable to FINRA, with the remainder offset by SpeedRoute’s limited ability to pay. In addition to the monetary penalty, SpeedRoute has been censured and ordered to overhaul its compliance framework, including enhancing its written supervisory procedures (WSPs) for market access controls and strengthening its AML program.
Philippines Launches Crypto Regulatory Sandbox to Foster Innovation
The Philippines introduces a crypto regulatory sandbox to support digital asset innovation, focusing on security, consumer protection, and financial inclusion.
How Did Cybercriminals Steal a Record $16.6 Billion in 2024?
The FBI's latest report reveals cybercriminals stole $16.6 billion last year, with older Americans and cryptocurrency scams among the top targets.
WikiFX Launches “Elite’s View on the Challenge: Dialogue with Global Investment Influencers”
To further unite the strength of elite professionals in the forex industry and promote the healthy development of forex trading ecosystems, WikiFX, in collaboration with its "WikiFX Elites Club," officially launched the “Elite’s View on the Challenge: Dialogue with Global Investment Influencers” on April 23, 2025.
Nigeria's Oil Crisis: How Are Stakeholders Responding?
Despite being rich in oil, Nigeria struggles with refining shortages. What’s behind this paradox, and how are different actors reacting?
When Choosing a Broker, What Are We Really Choosing?
A strategic guide to selecting reliable Forex brokers—understand the real issues behind safety, cost, and opportunity.
Bitcoin vs Gold: Where Should You Run During Market Turmoil?
As the Bitcoin recently surged from the $82,000 range to over $93,200 (its highest level in months), investors are again left to ponder: Could Bitcoin be the new gold?
The 2025 Trade War: Why This Round Is Unlike Any Before
The 2025 iteration of the U.S.-China trade conflict has taken on a scale and complexity far surpassing previous episodes, marking a significant escalation under former President Donald Trump’s return to the White House.
Why People Fall for Online Trading Scams
Learn why people fall for online trading scams, common tactics used by scammers, psychological triggers, red flags, and how to protect yourself from fraud.
When Tariffs Trigger Turmoil: 10 Past Trade Wars That Rearranged the World
Far from being mere policy tools, tariffs and trade restrictions have repeatedly served as catalysts for economic upheaval, diplomatic rifts, and even armed conflict. Here are ten historically significant trade wars that altered the course of nations and the global economy.
Coinbase Eyes U.S. Federal Bank Charter for Crypto Growth
Coinbase explores a U.S. federal bank charter to expand crypto services, aligning with stablecoin firms like Circle and Paxos amid evolving regulations.
J.P. Morgan Penalized for Failing to Meet FINRA Reporting Standards
LONDON, April 2025 — J.P. Morgan Securities LLC has agreed to pay a penalty of $150,384 following a regulatory settlement with the Financial Industry Regulatory Authority (FINRA). The settlement comes after a series of compliance shortcomings in the firm’s reporting practices related to trading activities and distribution notifications between 2020 and 2024.
SEC and DOJ Charge Ramil Palafox in $200M Crypto Ponzi Scheme
The SEC and DOJ charge Ramil Palafox in a $200 million crypto fraud, alleging Ponzi-like scam and misused investor funds for luxury goods and lavish events.
Interactive Brokers Launches First Home Savings Account in Canada
Interactive Brokers introduces the First Home Savings Account (FHSA) for Canadians, offering tax-free growth and investment flexibility for homebuyers.
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