Singapore Police Crack Down on Scams: $1.9M Seized, 25 Arrested
Singapore Police arrested 25 people, froze 300 bank accounts, and seized $1.9 million in an islandwide operation targeting government, investment, and job scams.
SILEGX Investment Scam Unravels: Millions Lost in Crypto Fraud
Authorities in Malaysia have launched investigations into the SILEGX investment scam, which has resulted in financial losses amounting to RM41.5 million. A total of 46 investigation papers have been opened, with victims spanning a range of professions, including retirees, businessmen, teachers, engineers, and a doctor.
IMF Adds Bitcoin and Digital Assets to Global Economic Statistics for the First Time
IMF’s inclusion of digital assets in economic statistics redefines how nations track and assess the crypto market’s impact.
CFTC Takes Down Debiex: $2M Fraud Unveiled
The CFTC’s takedown of Debiex unveils a shocking $2M crypto fraud that tricked investors with fake trading platforms and misappropriated their funds.
Forex Market Outlook: Key Currency Pairs and Trading Strategies for March 24–28, 2025
Explore this week's forex market insights, including analysis of EUR/USD, GBP/USD, USD/JPY, USD/CAD, and AUD/USD pairs. Discover optimal trading strategies and timing for March 24–28, 2025.
WikiFX "World Elite Trading Championship" Officially Launches with Exciting Pre-Event Activities!
The "WikiFX Elites Club" has consistently collaborated with global industry elites to foster a healthy, secure, and dynamic forex ecosystem. Recently, it proudly introduced the "World Elite Trading Championship " — a gathering for trading security and a battle for regional glory! The competition officially starts on March 24, with the event running from March 24 to April 13, and the winners' leaderboard will be announced on April 14.
SFC Hongkong Suspends Popular Finfluencer, Franky Wong from 19 March 2025 to 18 July 2026
The Securities and Futures Commission (SFC) of Hong Kong has suspended financial influencer Wong Ming Chung, also known as Franky Wong or "股票狙擊手" on social media, for 16 months. Wong, who is a licensed representative of Tse’s Securities Limited (TSL), will be suspended from 19 March 2025 to 18 July 2026. This follows his criminal conviction for giving investment advice in a paid Telegram group without the proper license.
WikiEXPO Hong Kong 2025: Asia's Premier Fintech Event Is Coming Soon!
The highly anticipated WikiEXPO Hong Kong 2025, themed "Bridging Trust, Exploring Best", will be held on March 27, 2025, at the iconic Sky100 Observation Deck in Hong Kong.
FX vs Crypto Trading: Which Strategy is Best for You in 2025?
As financial markets develop, traders in 2025 will confront an exciting yet frightening decision: FX or cryptocurrency trading. Both provide distinct possibilities to benefit from market fluctuations, but they appeal to various risk tolerances, skill levels, and ambitions.
Trading Bots vs Copy Trading: Which is Better for Profits?
The world of online trading has evolved rapidly, with automation becoming a dominant force. Among the most talked-about innovations are trading bots which are algorithmic programs designed to execute trades based on pre-set parameters. But how do these bots compare to copy trading, a system where investors replicate the trades of experienced traders? More importantly, can reliance on trading bots truly lead to financial freedom, or does it introduce more risks than rewards?
AI-Driven Scams Are Targeting Your Finances—Stay Vigilant
In the past, financial scams typically relied on human ingenuity or basic computer systems to trick victims. However, AI has revolutionized how scams are conducted, making them more personalized, convincing, and difficult to spot. Fraudsters are now using AI tools to tailor scams to specific individuals, using data scraped from social media profiles, emails, and other online platforms.
What Project 2025 Means for Tariffs and Trade on April 2
On April 2, 2025, the United States will enact one of the most aggressive trade overhauls in modern history under Project 2025—a policy blueprint spearheaded by former Trump advisor Peter Navarro. The plan imposes reciprocal tariffs exceeding 10-25% on imports from China, India, the EU, Vietnam, and Taiwan, citing "economic aggression" and non-tariff barriers as justification.
Funded Trader Success Rates Exposed: Much Tougher Than You Think
High profits with no risk? Funded trading programs might seem appealing, but the reality is brutal. Find out why only a tiny fraction of traders actually succeed.
Vanishing Fortunes: RM1.9 Million Lost in a Crypto Scam
A 69-year-old plantation manager from Johor has fallen victim to a sophisticated cryptocurrency scam, losing RM1.9 million to a fraudulent investment scheme.
Will Gold Holds Above $3,000 Despite Pressure from Rising Dollar
Gold prices dip as the dollar strengthens, but remain above $3,000 amid economic uncertainty and Trump’s tariffs. Will the rally continue?
Kraken Acquires NinjaTrader for $1.5B to Lead US Futures Market
Kraken acquires NinjaTrader for $1.5B, merging crypto and traditional futures trading. Explore how this deal reshapes multi-asset trading globally.
BOTBRO Scam revealed?
In recent months, a growing chorus on social media—particularly on YouTube—has denounced BOTBRO as nothing more than an elaborate scam. Claims that this online trading platform is a fraud have now found a basis in a series of high-profile investigations by India’s Enforcement Directorate (ED). According to reports by ThePrint, the ED has identified Dubai-based venture capitalist Lavish Choudhary, also known as Nawab Ali and owner of an Abu Dhabi T10 cricket team, as the mastermind behind an investment fraud estimated at between Rs 500–600 crore in India.
DFA Rescues Over 100 Filipinos from Myanmar Scam Hubs
DFA aids over 100 Filipinos trapped in Myanmar scam hubs, processes documents for their return from rebel-controlled areas via Thailand next week.
Trade Demo, Win Real Money! Join WikiFX’s Trading Competition Now!
Tempted by the fast-paced world of online trading, new traders often jump straight into live markets, enticed by the potential for significant returns. However, for beginners, practicing on a demo trading account is an essential first step that should never be neglected before transitioning into live markets.
Philippines Strengthens Fight Against Scams & Deepfakes
Philippines combats scams and deepfakes with new task force, using the eGovPH app for reporting fraud and ensuring election integrity.
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