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FX Trading Corp was a cryptocurrency Ponzi scheme that launched in late 2018, primarily targeting investors in Brazil while falsely claiming to be based in South Korea. The company promised investors returns of up to 500% on investments of up to $50,000, purportedly generated through cryptocurrency arbitrage. In May 2019, Brazilian authorities issued a warning about the company, which led to its collapse in late June 2019. Following the collapse, FX Trading Corp's management, including Global Master Distributor Phillip Han, attempted to deflect blame onto cryptocurrency exchanges. The scheme ultimately failed, with many investors losing their money. Shortly after, in July 2019, Han announced the launch of F2 Trading Corp, a reboot of the original scheme. In august 2022 Philip Han was under criminal investigation in Brazil. https://behindmlm.com/mlm-reviews/f2-trading-corp-review-phillip-han-fronts-fx-trading-corp-reboot/
FX Trading Corp was a cryptocurrency Ponzi scheme that launched in late 2018, primarily targeting investors in Brazil while falsely claiming to be based in South Korea. The company promised investors returns of up to 500% on investments of up to $50,000, purportedly generated through cryptocurrency arbitrage. In May 2019, Brazilian authorities issued a warning about the company, which led to its collapse in late June 2019. Following the collapse, FX Trading Corp's management, including Global Master Distributor Phillip Han, attempted to deflect blame onto cryptocurrency exchanges. The scheme u...
