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 TriumphFX - TFXI

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MUM
post Jan 28 2023, 10:08 AM

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QUOTE(clyeoh1980 @ Jan 28 2023, 09:44 AM)
can i said 80% of the members in this chat group is the victims of tfx scam scheme?  or else ?
i see this chat will keep on going...untill someone make an official police report saying that they had been cheated ? or someone go to the politician for help?
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cheated by a non regulated entity in Malaysia?
cheated by a non licensed to operate in Malaysia?
cheated by a company that has no physical office in Malaysia?
cheated by a company that has no SSM license?
cheated by an entity that has already been listed in the "Alert List" by the Securities Commission of Malaysia?
cheated by an entity that has already been listed in the "Alert List" by The Monetary Authority of Singapore?

btw, what did they cheat you?
can you still withdraw and get back your money?
(unless you are one of the 500 hundreds IBs that got their sell accounts locked)
is the platform still operational and can be accessed?
is the contact person still reachable?
The coins drops is already mentioned not their fault,. it is the fault of the sellers?

cheated because the "illegal" company changed the terms and condition?
even a "legit" company in Malaysia can change the terms and conditions ....and the police cannot do much.

example.
Quinreward
the Problem as highlighted in the press 27 Jan 2022
https://dayakdaily.com/senator-lau-urges-im...-left-in-limbo/

No element of fraud in Quinpay losses
In a parliamentary written reply dated March 17, Home Affairs Minister Datuk Seri Hamzah Zainudin (picture) said the losses that were faced among several of the app’s users totalled to RM157,235 since January 2022.

Hamzah added that no investigation papers have been opened despite the reports because they do not have elements of deception and fraud.

These reports are the complainants’ dissatisfaction towards the change in policy that was done by QuinReward.

https://themalaysianreserve.com/2022/03/22/...quinpay-losses/

you mentioned "or someone go to the politician for help?"
yes, perhaps politician like Michael Chong can helps organize a press conference like as per this image
May i suggest, better do it "after" it is a "confirmed 100% burst",...else the other investors may blame you for making it a confirmed 100% burst by highlighting it in the press. They may lose ALL after the confirmed 100% burst instead of just losing 75% now and still got HOPE in the current situation of "unconfirmed burst". They may prefer to have a balloon that is leaking air (losing TRX value) than have a burst balloon at hand. laugh.gif

This post has been edited by MUM: Jan 28 2023, 10:30 AM


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MUM
post Jan 28 2023, 05:05 PM

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QUOTE(clyeoh1980 @ Jan 28 2023, 04:51 PM)
Oh my god, really? This is so sad. But I figure that they had withdrew all the profit d and now they just enjoy the dividend? And it’s ok even the scheme collapsed right? Based on everage of 5% every 5 weeks, it will take about 2 years to fully recover the capital dan rest of the days are dividend? I think there are many of the investors had recover their capital and enjoy the dividend. And they don’t hurt much even the system collapsed. Most probably they look at us as sucker because we didn’t invest in the system and waste time to persuade other to do so!
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1k if left to roll over 10 years will become 1million
1k capital will become 2k next year.
After 1 year you took back your capital 1k.
You still hv 1k "dividend" given by them from start of year 2.
This 1k still with them will become 1 million in 10 years.

If you had taken back your capital of 1k 10 years ago, now the 1 million they scammed you now is alright since this 1million was dividend from them and you had lose nothing since you had gotten back your 1k capital 10 years ago?

This post has been edited by MUM: Jan 28 2023, 05:10 PM
MUM
post Jan 28 2023, 05:46 PM

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Those that bought alot of assets from the accumulations of each 5 weekly returns must have alot of money inside too.

Previously, to hv 6-8k profits every 5 weeks he must hv 100k inside.

At the same time, they more profits he gets along with the longer durations he had invested, .....the more confidence he had to put in more "fresh" funds.....
The more money he put in, the more returns he will gets.
The more returns he gets, the more confidence he gets.
The more confidence he gets, the more money he will put in.

Now, without any choice, all that he still had inside are reduced by 75%..
MUM
post Jan 28 2023, 05:55 PM

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QUOTE(clyeoh1980 @ Jan 28 2023, 05:42 PM)
He said ppl like you that sabotage the scheme and made ppl don’t trust the scheme!!!
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People like us had been telling this is a scam and "sabotaging" it for a much longer period......
All these while before mid DEC 2022, no tfxi investors believed us then. We were called, dogs, clowns, haters, lies spreaders, etc etc.

Why now only did the existing investors believed what we had been saying all these while about tfxi is a scam?
What made them listen to us now?
What made them don't trust this tfxi scheme now?
devil.gif

This post has been edited by MUM: Jan 28 2023, 06:01 PM
MUM
post Jan 28 2023, 06:28 PM

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QUOTE(vapanel @ Jan 28 2023, 06:22 PM)
I decided not to talk to my friend regarding TFXi anymore. They are crazy already. TFXi is religion to them.

Now TEX coin is testing 0.25

800k coin become 500k coin suddenly

user posted image
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I am blur blur, mind telling what is this 800k/500k thing?
Thks
MUM
post Jan 28 2023, 07:25 PM

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QUOTE(Toke @ Jan 28 2023, 06:53 PM)
Haha. Yea.. I'm one of them. Joined in 2019 with Yuri, then 2nd year put more in Niko.

With Yuri got my capital back in 1 year 2-3 months. Since then all profit. Yes, now all my initial investment plummeted 70% in value.. But up till November 2022, Yuri already give back 290.3% in profit (not including 40% commission because I put 5 proxy under my name to maximise profit).. So actually I got back in initial investment in less than 1 year.  😄

If you join more than 2 years & withdraw every cycle you don't actually care the current value.

It's sad for new hamsters who join less than 1 year tho.
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How much $$ do you & your 5 other proxies still hv inside tfxi before it was converted to tfx coins?
MUM
post Jan 28 2023, 07:48 PM

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QUOTE(Toke @ Jan 28 2023, 07:30 PM)
Main account for Yuri & Niko - 3k usd

5 proxies (all my money) - 40k usd in Nikolay (40% commission) & 55k usd in Yuri (50% commission)

Ok la. I think in March 2020 I already got full return.

But I don't recruit anyone
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So eventhough you had gotten back your capital + some profits, you and your proxies still hv 3k + 40k + 55k = 98k usd inside before that conversion to tfx coins.

Thks for telling.
MUM
post Jan 28 2023, 08:09 PM

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QUOTE(Toke @ Jan 28 2023, 07:59 PM)
That total x 0.25. Very painful to see actually. Hahaha.

But like I said previously. If you join more than 2 years & withdraw every 5 weeks. It hurts to see the current value. But you already get your investment back.
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If for me, the thought of "Already gotten back your investment," ....what a nice way to comfort myself.

Eventhough i had gotten back my investment,
I had elready been scammed 75% of what i still hv inside..

thumbup.gif with this thinking, not many people would got 14 floor.

This post has been edited by MUM: Jan 28 2023, 08:10 PM
MUM
post Jan 28 2023, 08:25 PM

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Just broken the 1:1 myr.

If there is no concrete actions soon, before the next profits sharing of funds being given out
1:1 THB could be the new destination target.


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MUM
post Jan 28 2023, 08:46 PM

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QUOTE(vapanel @ Jan 28 2023, 08:35 PM)
Someone still trying to support

Seems like a lot panic selling going on

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On 20th Jan, some also mentioned strong support at 0.27.

Every time during each fund giving out profit sharing, there will have people want to take money out.
With so many funds still competing for strong ROI payout, ... I believes, every 1 or 2 weeks will see withdrawals.
Only when there is no much demand, it is called "panic" selling. If there is demand, it would be called panic buying.
Will panic buying ever come, when there is a 1 billion usd worth of new coins being created every 5 weeks as payout to the 10billion usd AUM?

MUM
post Jan 28 2023, 08:52 PM

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QUOTE(vapanel @ Jan 28 2023, 08:47 PM)
Almost 1mil coin sold today
user posted image
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1 million coins sold = abt 250k usdt....
That is alot lot less than the 10 million usd that can be supported by the daily lucky pop up..
Why can't they use that 10 million usd daily to support it?
MUM
post Jan 28 2023, 09:08 PM

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QUOTE(CommodoreAmiga @ Jan 28 2023, 08:59 PM)
TFXI Boss: You siaow ah? That's Mai monehhh!!!!
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After getting that 1 million trx coins from the sellers, they accumulates it to 50 millions then "BURN" it...
That is what they said and are still saying...

Unless the daily 10 millions usd daily spend on lucky pop up is just a shows that does not need to spend money on but just some data for people to see.
If that is true, then No wonder that had been screenshots of "exceeded limit" within few seconds after the start of each lucky draws.

Buy from sellers need to pay 0.25
Create own from the air costed 0.000
Create own, more cost effective than buy from sellers

This post has been edited by MUM: Jan 28 2023, 09:11 PM
MUM
post Jan 28 2023, 09:12 PM

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QUOTE(CommodoreAmiga @ Jan 28 2023, 09:09 PM)
Like Air Asia cheap fares. Belum start already sold out. Lol.
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Buy from sellers need to pay 0.25
Create own from the air costed 0.000
Create own, more cost effective than buy from sellers
laugh.gif
MUM
post Jan 28 2023, 10:12 PM

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QUOTE(aaa_batteries @ Jan 28 2023, 10:02 PM)
I believe the 50 million 🔥 burn is from the 10 million daily pop-ups. You can check the transactions announcement and look back at the burn transaction history. By right, this should improve demand but with printing so many new coins it really beat the purpose. It’s also not going to help at all when more and more realise this is money game.
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I was thinking,
If they can buy at 1tfx for 1 usd with the 10 million usd daily and burn once accumulated 50 million tfx coin.
Why can't they buy up the 1 million coins sold today with just 250k usd? 250k is just 2.5% of 10 million...then the price would hv stayed at 0.25 instead of 0.233 now
They can then also add this 1 million coins collected today to be burned later.

Again, since it was 1 million coins being sold today, ...just use 1 million usd or 10% of that daily 10 millions usd to buy that coin at 1 usd for 1 tfx coins. Ha ha mkt orice stayed at 1 usdt.
Or can it be ...buying at the open market costed real money, while creating that 10 million usd for lucky pop up would cost nothing but just data for display.

This post has been edited by MUM: Jan 28 2023, 10:37 PM
MUM
post Jan 28 2023, 10:14 PM

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QUOTE(zstan @ Jan 28 2023, 10:04 PM)
i have been following this thread with great interest over the past months to find out my uncle is heavily invested in this during CNY laugh.gif
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Hope he does not need the monthly returns to supplement his monthly expenses.
MUM
post Jan 28 2023, 10:39 PM

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QUOTE(aaa_batteries @ Jan 28 2023, 10:31 PM)
They can buy up 3 to 4 million coins on DAILY basis and push up the price beyond 0.3, 0.4, 0.5 all the way to 0.8 and beyond if they use the daily 10 million, IF and only IF the daily 10 million is there.

They can liquidate 10% of 10 billion to get 1 billion now to settle all withdrawals immediately, IF and only IF the 10 billion is there.
they said they cannot do that due to the 10 millions usd daily banking limitation. It would takes months to distributes/disolves that 1 billion.
To be fair …

We all know the favourable answers to both the scenarios above, IF and only IF it’s not a Ponzi scheme.

We all know the unwanted answers to both the scenarios above, IF and only IF it’s a Ponzi scheme.
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This post has been edited by MUM: Jan 28 2023, 10:41 PM
MUM
post Jan 28 2023, 10:48 PM

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QUOTE(nauticat99 @ Jan 28 2023, 10:39 PM)
I have a few elderly relatives who always join and promote money games. I never trust their so call “investments” because their patterns of quick rich, easy money, early bird catches the worms sales pitch doesn’t resonate with me. So when an uncle promotes TriumphFX ard 2020, I said it’s a ponzi scheme, no thank you!. Then friend A joined in 2021 and started promoting it but I also said it’s a money game. So I never really bothered about Tfx until friend B told me she put in rm100K and a few of her relatives and friends also put in a lot of money around early 2022. All these were bought through Friend A. She told me this on Dec 2022 and that’s when I started going through LYN forum from page 1 until current pages!!!. Took me a few weeks to finish reading all your hard work in warning the public 👍. I felt very sorry to friend B and her groups because:-
1. they are really ignorant about money games/ponzi scams
2. they are all above 60s and most of the money put in are meant for their retirements. Some took from EPF and some liquidated their long standing unit trust funds
3. They are quite IT illiterate, so when the scheme changed to coins, they have an even more difficult time
4. they have no way/recourse to get back their money except having to rely and trust their upline, friend A to advise them. As a result, they are currently holding their positions, hoping that the tide will turn and they can get back their original amount.
Hence, I started calling my relatives and friend A to pull out whatever money they still have from TriumphFX but it was an exercise in futility. A waste of my time, patience and breathe!  It was super frustrating trying to talk some sense to them because for every one reason I gave, they came up with 10 illogical explanations as to why they are right and I am wrong.  So it gets to a point I really wished they will loose whatever money they still have in tfx. Problem is the uncle’s already got back his money, so he wasn’t bothered about those people who are losing their money because he said,  “why they put so much?. They should only put the money they won’t miss. So greedy of them”.  I was like £@¥#*$!!. Very angry and frustrating!. 
What I am seeing now is lost of trust and broken relationship amongst family and friends which is very sad. That is why I applaud the unceasing efforts you guys have in raising awareness about such money games. Hopefully we can help more people from falling into such traps in the future
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I think,
The stronger than normal efforts made by us are partly due to the exposure and treatment received from the 3 die hard supporters/promoters/lovers of tfxi in Sept- Nov 2022.
MUM
post Jan 29 2023, 08:21 AM

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QUOTE(vapanel @ Jan 28 2023, 08:47 PM)
Almost 1mil coin sold today
user posted image
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vapanel,
my h/p cannot see the VOLUME data, thus i cannot collect and compile the data.

can you, if you don't mind helps to compile it?
if not FREE, or don't have access to those data anymore, then can forget about it. ...no serious issue with me.
i believes there are some real current still believers that have access to those volume data, would like to start to "investigate" it too, just to prove my assumption wrong

reason is, i just want to check if the 10 millions USD daily spend on lucky pop up can be BETTER used?

set a fixed approximate time DAILY to collect the 24 hr VOLUME data,......see if it can reach 10 million daily?.
perhaps collect for just a few days....

i am sure TFXI SHOULD already HAVE those data,.....

hmm.gif is my assumption wrong that the volume is low but in actual fact much higher until TFXI cannot support it with 0.7 rate?
hmm.gif is my assumption wrong about the daily 10 millions was used but in actual fact, just few million (not 10 million) was spend in the lucky pop up? (have to spend some, else where got people said they did managed to sell at 1:1)
hmm.gif they don't want to?
hmm.gif They wanted to, but cannot do it as they don't have that 10 millions USD daily to buy
hmm.gif Cost cheaper to create from air instead of paying for the purchase from the sellers in the open market?

This post has been edited by MUM: Jan 29 2023, 08:52 AM


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post Jan 29 2023, 09:07 AM

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QUOTE(vanguish @ Jan 29 2023, 08:47 AM)
Looking from the business point of view, the daily pop up distribution should be limited only to the amount of fresh USDT being deposited to buy TFX the day before.

Probably, after Triumph take their cut of the USDT deposit, balance distribute via pop up to keep the wheel rolling.

It's not $10M fresh money from triumph, I think those data displayed are to manipulate people not familiar with blockchain only.
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previously they mentioned that it was from their profits.

hmm.gif come to think of it,...
how much $$ can they afford to really "throw" away their profits each week?
until when will they say STOP, enough is enough, no more losses?

This post has been edited by MUM: Jan 29 2023, 09:10 AM


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post Jan 29 2023, 09:31 PM

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QUOTE(coreinvestor @ Jan 29 2023, 09:03 PM)

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thumbup.gif
Thanks for the payday schedules for the month of Feb till early Mar.

So can roughly expect to see the drops of tfx value at these dates?
If can hv the AUM data on each of those funds would be great for some correlation study on the possible intensity of the falls.

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