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Com is not a law firm and does not provide legal advice.In some instances, individuals not located in the United States have used proxy transactions to engage in the importation and exportation of the virtual currencies, for example, to evade U.To protect yourself from the con artists and to learn more about the legal risks and how to ensure that your personal information is protected and secure, we recommend that you download the NFA Broker Directory and read its Broker Responsibilities.The CFTC is actively prosecuting and investigating binary options-related fraud in Canada, the U.The scammers that are targeting investors in binary options schemes are very sophisticated and you can’t afford to be naive.We have represented trading platforms and have represented individual traders in binary options fraud actions.If they pick the wrong selection, they lose everything.The suit, filed in the Supreme Court of the State of New York, alleges that the broker-dealer failed to provide the customer with material disclosure about binary options.

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There are many new products, such as FX options, zero volatility and interest rate options.Olymp Trade has a video-streaming advertising system that makes it seem like the customers are on a video chat.The binary options scam is much different than the more common scam involving the selling of investment products with little or no regard for client security.Binary options brokers are required to record all trades for a minimum of 7 days.But binary options can also be used for other types of speculative trading, so make sure youre informed before you decide to trade.These contracts are not regulated by the CFTC, but are regulated by the United Kingdom Gambling Commission.

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