When come to investment, all potential clients should be given all info so that he/she can make informed decision.

However in a Ponzi scheme, there is no way an introducer/agent can say "btw, some online saying this could be a Ponzi scheme"

On the other hand, I think it's crucial to let potential clients to have the correct history like it's supposed to be 1:1 but current open market is at 0.23. We have 2pm pressing button exercise and coin settlement game as well. There is no way the word Ponzi should be used

https://www.bbc.com/news/technology-59432659

maybe because of this

added another site

https://www.bbc.com/news/technology-58707641

This post has been edited by aaa_batteries: Jan 31 2023, 11:53 AM

the tex exchange, is it 24 x 7, 24 x 5 or certain hours during the day only?

at times, I can't see the latest price level to kepoh lol

No attachment or website link when still under probation status.

That's what they were selling earlier that everything is automated so that's why the business can grow ... later I found out that it takes 14 days to process withdrawals???

This is when I started speculating that they did this on purpose so that they can manipulate the cashflow positions easier.

If I am the scammer, I will analyze by IB/UL lines and see which are cashflow positive, put priority to smaller withdrawals and latest investors to come in, to maintain good image in those victims.

Exactly, if this is such a great genuine investment, bring to EPF, Tabung Haji (since they have Islamic version on tfxi.com), Amanah, investment departments of major institutions, etc. Everyone wants high returns. This is why I suggested if you are working and your company has an investment department, go and bring the case to the Investment's head of department. The company will love you for such a great recommendation.

For proper comparison, the list should be JJPTR, MBI and TriumphFX.

😂 😂 😂

Probably not ethical to share the company name here. Can DM some of us and we will investigate 🔬.

"... as TFXI already mentioned,...they are not involved in the managing of the investors fund"

This is quite scary le.

TFXI must be at least managing the accounting records, legal documentation, payment system, system platform, etc.

So if one or all of the FM been reporting fake trades and hence fake profits over the years, then TFXI can wash their hands clean and says not their fault.

I hate to give TFXI such a great idea on exit plan 😂. Basically push the blames to FM as the scammers and not them.

This post has been edited by aaa_batteries: Feb 3 2023, 01:57 PM

So collapsed before and started this scheme only during 2015-16 but telling everyone started way back in 2009.

The website tfxi.com was quoted by HK security exchange commission back in August 2015. Subsequently those individuals associated with that website were caught and being charged in court now. Maybe they didn’t catch all of them at that time and some masterminds continue to repackage the scheme.

More coins coming soon, will see what’s the impact.

After seeing all the events over past few months, I agree that tfxi will not die unless the masterminds decide to pull the plug themselves to wrap up their successful project.

All the trades are among old victims and new victims. No cash outflow for the masterminds. It’s a matter of hassle of declaring all those fake profits and updating records for the victims. If IBs and ULs are doing these work, there’s not much work for the masterminds and they may just continue the game.

The victims won’t be able to withdraw their fund at 1:1 and will rely on new victims to appear and buy at 75% (or more) discount.

I don’t see any serious attempt to clear all the negative comments in Facebook TrustPilot and other social media. These are from current victims themselves. It could well be that the masterminds just can’t be bothered anymore 😂

Someone predicted earlier it will take two cycles to collapse. I would like to think so as well but I suspect there will be more dramas aka sales pitch from TriumphFX in coming weeks to prolong the game. This has been very entertaining indeed.

If price is expected to go down further, best strategy is to exit now rather than wait for any profit distribution.

Sounds like it … TriumphFX can use same excuse as freezing those IB accounts - to avoid FUD or whatever. All money frozen forever

Maybe because of selling pressure - price at 22.7 now

Thanks goodness for this open forum.

https://www.petitions.net/forum/232307

Any slight negative comment has been removed 😂. The genius investor must be buying up all the coins.

Price is sliding … not a lot of sales volume but there is a huge support at 0.2.

IF price falls below 0.2 then it could be mean fake buy volume at 0.2.

Monitoring …

This post has been edited by aaa_batteries: Feb 6 2023, 01:37 PM

The buy volume at 0.203 can take up ALL the displayed sales queues.

Never seen such huge buy support!

I was also wondering how all the old folks will know how to operate these buy/sell on TEX, dealing with Binance, USDT, etc. They will rely on UL to do these for them but if these jokers don’t help them, then they are stuck.

Not sure why Takami distribution was delayed but probably the three PHD needed more time to run simulations to see outcomes based on different profit level against the higher promised commission to UL/IB etc.

Let’s see if there will be any further delays in distributing profits for rest of month. Also it’s probably “wise” for them to declare lower profits, especially to funds with higher AUM, to reduce the sell pressure. Just guessing so let’s wait to see.

This drama never been boring …

Congrats gashout for being so popular 😂

By the way, someone sent me a screenshot of the company name (two words follow by Trading as the third word making up the entire name) that performed Duitnow to transfer fund to his account.

Since it’s Duitnow it has to be a Malaysian company/entity/individual, the company name doesn’t exist in any search online.

So the Duitnow can’t be from any bank, so must be from another source such as TnG, Boost, Grab and I believe you can basically type in any name you like as the owner of say a prepaid number. You only need the Duitnow account number of the receiver to make the transfer.

So much for being transparent … every victims should keep all these transfer info in case you want the authorities to assist in future.

I hope it's operational but I doubt it.

Based on posts in last few pages, it sounded like ULs are selling so the Champion Fund is just another gimmick IMO.