I don’t think it’s registered in Malaysia.

why? you wanna report to SC?

they used to use third party providers to receive funds in MYR

Most forex companies are scam…

Why need 3 phd IT person?

Are they doing a study on how people can be so impressed with a lousy exchange that they would even part away REAL usd in exchange for some SHIT COIN with UNLIMITED SUPPLY that's only available in the 20 hr maintanence per day exchange? 😁

That makes some sense.
was thinking why they are doing so many videos, taking time to explain and still haven't rug pull.

Make that 75%

Evenhough it's a Ponzi, triumph is still fall into the market leader category, one of the successful Ponzi relative to its size.

They haven't pull rug because the business is still profitable, imagine if they manage to put through with this now. They will be able to off load entire liability to the TRX token, the company would not need to pay anything already. They created a self sustain global platform where by victims will sell the TRX to more victims and triumph can still make a lot of profits from this along the way. That's why they didn't pulled rug.

However, if they cannot put through with this, if everybody dumps then the whole eco system collapses itself all client will force to sell their TRX at market value...even at $0.01 .... they stand to lose nothing....if this happened they won't pull rug also they will continue making fake profits via imaginary FM and operate the TEX as usual...

Good try. Smart move by offloading all liabilities..and  everything to TRX.

Tell me what hv they did wrong?
Did they force them to join?
Did they tell you that it is a malaysia regulated scheme?
Did they cheat your money?
Did the scheme not gives out positives returns every 5 weeks as usual?

Tell me what hv they done wrong when the scheme not yet run away with your money that you are the one making the decision to join? Even if it did burst, it is your own greed for profits that blinded your own judgement.

Did it not sort of like a unit trust seller promoting cathie wood's arkk fund to you 3 years ago?..1 year you made alot of money, next 2 years, it dropped alot too
Did you go complaint to the company telling that the utc had done unethical wrongdoing and should hv his utc license revoked for recommending that ARKK fund to you??.
Yes, only when replying to postings that "does not make sense" to me.

Read the whole story...
It is about "unethical wrong doing, and should hv his lncense revoked" when gashout mentioned...banking and insurance industries. Then gratitude2020 used that analogy to question me.
Try read the whole story 1st

Did what I posted not correct?
It is not about pyramid scheme or if the money can go zero or not.
It is about the investors own decision and freewill to join it.

Sort of another example,
A property agent recommend a property to you. Few years later, landslide occur, will you go to the company to complaint saying that the agent had done unethical wrongdoing and should have his license revoked for recommending that property to you?
I also Cannot argue on things that are facts, proven or confirmed to be, final outcome of things that are not decided etc etc

You think it is right to just go blame the promoter's when the investors does not do due diligence and instead relying on seller.??

Did the seller knows that it is going to crash?
Same like unit trusts, ..did the utc know that ARKK fund is going to crash?

Did the promoter tell you to put money in according to your risk appetite and diversify your investment?
Same like utc does?

Did he tell you that investment is high risk and there is no guarantee that you will not lose money?

You depended on the promoter for which part?

Hope you did not engage any financial planner. I pity and fear for them

Do you mean you join this triumphfx
You do not know that it is not possible to have continue consistent positive roi every 5 weeks for years and will continue for years more?
You do not know it is not licensed to operate in Malaysia?
You do not know abt money games in Malaysia and it modus operandi?

You knew, yet you still want you join, then how?

Not regulated, not licensed, ....where got liabilities...

You don't know who the founders are?...
The promoter did not receives your deposit. The promoter did not issue you receipt.

So how?. Sue him for promoting some not licensed investnent products that did not hv promises of guaranteed returns?

You asked:
Example if you sell house, you are obliged to tell potential buyer if your house is flooded before. Full honest disclosure

Then
What if the house has not flood before but only now??
Has this tfxi collapsed before when he promoted that to you?
Full disclosure at that time may include among other things,  Not regulated in Malaysia, but hv overseas regulatory license,.
No guaranteed returns but had been consistently giving out positive returns every cycle for years.
This is a high risk investment with possibility of losing your capital( stated in their website)

The" falls before"is used against your earlier example..
You gave the wrong example.

You posted:
"Example if you sell house, you are obliged to tell potential buyer if your house is flooded before. Full honest disclosure."

What if it is not flooded before??

The promoter promote money games or not, ...is not more important than you listened, tempted, blindly follows without due diligent, without thinking straight, without check and reading more about it.
Finally, you falls due to your own decision to try to have "return"...which if you. Were to read more would know that that roi rate is not sustainable.
Your own greed to hv that returns every 5 weeks.
1k will be 1 million in 10 yrs.

Selling unregulated or not licensed products qualified as professional and should be subjected to professional code of conduct?

if you think that can be done,
Go make a report to their professional bodies that regulates their code of conduct...

I got no idea who regulates the code of conducts of tfxi promoter in malaysia. You got any?

Geee,
I had a feeling, just a feeling that some of the posts that I made today would be "useful" by some of the uplines in case they are bashed.

Seems like I was "cornered" to reveal or confirm some ideas that would be useful in their defence.

Ha ha... just my feeling,

At that point of selling, what did they "cheat" about those info?
At that point of buying, what did the investor was "lied" about?

What did he not tell?

What you don't know?
What more do you want him to tell which he did not tell?

Did he lied ir cheat you on things that he told you?

Did not tell more is not an offence, as most of it had been published in their site . But cheating or lying are.

If you did not ask how they know what you wanted to know more?