I have to agree with you on this.

We need proof before accusing one another of anything. I admit to being emo in some previous posts at times and apologise for it.

I wonder if it's possible to remove the above post which is unfair.

Of course it “looks” nice and if it’s truly a multi-million or billion dollars funds then shouldn’t have any issue to hire big reputable accounting firms to audit these numbers to proof all monies there.

Best if hire one of the audit firms which walked away from 1MDB. After such audit, I will disagree with your view and say it’s actually “very nice”.

And there are so many questions when I looked at the returns as well:-
- no compounding effect which is a bit odd in financial industry
- we just don't add up all the returns across time when there's compounding effect
- if your return in earlier period is left in the fund and continue to use for subsequent period investment then the return calculation is very different
- although we show monthly return rate, we always show YTD (year-to-date) returns which equal annualised return when comes to yearend



There are more complication when need to take into consideration the regular movement of fund (deposits and withdrawals, etc), this is why returns are normally calculated on annualised basis over average fund size during the period concerned.

Sorry but in my personal opinion, that's the work of an amateur! Shocking when considering the size of fund under management.

Finally back in this forum 😂. Been busy with an overseas project, still ongoing - done eight Tour of Duties 😝. Let me catch up with all these wonderful bedtime stories.

Yupe, imagine bank converts all your money into tokens and ask you to wait for someone to come and to exchange those tokens into cash 😂.

You lost your rights to your own cash! If you still think this is fine, I don’t know what to say but you are absolutely crazy.

The stats from TrustPilot of last three months.

Waiting for 12th Jan 2023 to see their next step …

Domain will expire on this date so if there’s renewal then the game continues

IT IS A PONZI SCHEME.

We been saying this from Day 1. Unfortunately many blinded by the huge insane returns and the small number of withdrawal victories at the beginning.

The scammers used some of the investors to get more and more victims to keep the Ponzi scheme going.

The Ponzi scheme will continue as long as it's positive cashflow to the scammers. Once the new members dry up and there's more withdrawals than new victims, the exit game starts!

As in many past confirmed scams, this mentality of "invest with money you can afford to lose" is just a sales pitch from the scammers so that those investors can syok sendiri when things went south.

However they don't think that promoting such Ponzi scheme has an overall negative impact to the entire society. Many families will lose their hard earned savings, retirement fund, education fund, etc.

The scammers are the winners. Those investors who managed to withdraw their initial investments don't lose much or even gain some. However, there are HUGE number of investors who will be poorer and will have to start all over again.

DON'T even try to justify your investment by saying you don't promote to others. By investing in such scheme, you are indirectly causing this scheme to continue inflicting more sufferings to even more investors.

Given the continued complaints at TrustPilot website, I don’t think any big amount will go thru.

If you look at those giving five stars in TrustPilot, some are:-
1. Complaints but still giving five stars hoping that this will get favourable response 😂 or
2. Weird username when compared to the country ID, which could be a bot!

Good luck to all the victims (we shouldn’t call them investors anymore).

Live or not, I smell another potential scam opportunity working in the background.

Even if you manage to get someone to buy your coins, buyer may be asked to deposit first before seller can get paid after another 14 days (another delay tactics).

Poooooh …. magic happens and after that period, apa pun tada.

Both buyer and seller still have their worthless coins but another sum of money gone. I sound like a scammer now 😂.

One has to be ruthless to be a scammer! Must understand the clientele’s weakness such as greed. Have no qualms about inflicting sufferings on others. Most importantly never get caught!

What do you mean that the crash is unpredictable? It's nothing to predict as it will collapse soon or later as this is a Ponzi scheme.

They are taking money from new recruits to pay the withdrawals and continue to show funds that don't exist!

Once some victims want to withdraw those "fake" bloated funds and it's more than new money coming in, it just collapse.

WAKE UP! THOSE FUNDS DON'T EXIST.

THINK LIKE A SCAMMER AND YOU WILL UNDERSTAND WHAT I AM TALKING ABOUT.

https://www.trustpilot.com/review/tfxi.com?sort=recency

Five more victims asking for helps this morning.

https://m.statscrop.com/www/tfxi.com

If so successful internationally, why target Malaysian only with 70% traffic from Malaysia?

The domain status shows lots of restrictions and expiring soon. Wonder if this has anything to do with recent conversion to coins (probably move on to a new website to bypass the restrictions above)?

Think like a scammer:-

1. Delay the rollout to coins - need more time to implement

2. After rollout, system crashed (could be any excuse, overwhelming support, etc)

3. System was hacked

4. Programmers ran off with the money

5. Couldn’t get all authorisations in place, so delay rollout

6. This forum causing our collapse!

I am eagerly waiting to see what will happen next.

To all victims, IF you believe the huge funds are really there with all the past returns put back for further compound returns, then isn’t it odd that they can’t even pay your withdrawals which are relatively small compared to fund sizes?

For an entity that managing hundreds of million dollars of funds, can’t even manage huge number of withdrawals? I was told that their efficient administration was the cause of aggressive growth and huge interests from investors (actually victims).

https://www.trustpilot.com/review/tfxi.com

these guys never receive the memo? no more cash, it's TFX coins

https://etherscan.io/token/0x056354F3Ff2074...603871c7000b081

fully diluted market cap of 3.4 million???

Pros and Cons of Burning Crypto

Obviously, crypto burning has some upsides for the platform and for certain users, but as more projects embark on coin burnings, it pays to keep the downside in mind as well.

Pros of Burning Crypto
• Coin burning may enhance a crypto’s value by limiting the supply. An uptick in price isn’t guaranteed from a coin burn, but it has happened — although a drop can also follow.
• Burning coins can help control inflation for a particular crypto, e.g. stablecoins.
• Using proof-of-burn as a consensus mechanism is a low-energy way to validate transactions and create new coins, while keeping the supply in balance.
• Related to the above, proof-of-burn can help protect the network from being hacked.

Cons of Burning Crypto
• A coin burning may have little or no impact on long-term price.
• Sometimes a coin burning can be faked, and developers use the “burn” to send coins to their own address.
• Rather than decreasing supply and increasing demand, sometimes burning coins can turn investors off if they feel manipulated or lose confidence in the project.

Source https://www.sofi.com/learn/content/what-is-coin-burning/

This post has been edited by aaa_batteries: Dec 6 2022, 05:10 AM

They should be proud of the coin wallet address. Why remove?

For a billion dollars company, should be proud of its own achievement!

We understand there could be delays in such a huge milestone, just give us an updated announcement when we can go live.

Show us the faces that change our lives forever. Also we need to thank all the IBs who worked so hard to recruit so many investors. These IBs will definitely glad to buy up all your coins.

Vesbolt is an offshore tax haven for the rich, never promise any huge return and have negative returns in some periods. Why attacking these funds? Better spend time here talking about latest development in TFX coins.

Really cannot tahan the silence from Triumphfx. Keep deleting online messages. Don't response to queries on withdrawals. This is not the way to do business. At least some updates on what's going on.

Really kancheong!

If collapsed, no harm to say so since no one has any idea who you are. All victims can make police reports and then get on with their lives.