We can never imagine how far a black platform can go. Recently, another friend came out to "whip dead" the black platform ASJ Forex Global, which has been thundering, saying that it is disguised as a broker but is actually a typical Ponzi scheme.

"Quarrel" on and off the line, and "cut off" on the platform

ASJ Forex Global operates like a pyramid scheme, in that it doesn't even allow an account to register unless you have a referral code. Some of the money deposited by new investors is given to older participants, creating an impression of credibility and motivating investors to pull heads and persuade friends and family to invest. With this method, ASJ Forex Global successfully attracted a large number of victims from Asian countries and quickly accumulated a large amount of funds.

Mr. A used to be an underwriter of this company. According to A, he and his wife's previous work in this company was mainly to attract customers to invest, so as to develop customers into their own offline, as long as they pulled customers into the platform gold, A husband and wife can get commission. At the same time, they had invested in the platform themselves, with about $7,000 in their accounts. However, as A member of ASJ Forex, Mr. A and his online relationship is not always so happy.

Perhaps under pressure from his superiors, Mr. And Mrs. A seemed to choose to lie about the number of downlines in their development, but his on-line discovered this when sorting out the list of ids and names, and ordered him to "clean up the team."

Moreover, Mr. A's online operator tried to charge him more "extra fees" after seeing that he had made money, which made Mr. A very dissatisfied and asked for a withdrawal. However, it is not easy to get the money back from the scoundrel. ASJ Forex first refused his withdrawal request, and then made Mr. A wait for the withdrawal by various delaying and perfunctorous means. However, until today, Mr. A has not received his money, and he said that he is currently unable to contact other ASJ Forex employees.

Got slapped in the face for falsely claiming to work with J.P. Morgan

ASJ Forex Global had claimed that they had completed a strategic funding round from JPMorgan Chase, one of the largest financial institutions in the world, and later some blogs disguised as financial media published articles describing ASJ Forex Global as the world's leading Forex broker. Second strategic investment from jpmorgan Chase.

The banking institution flatly refuted the claim in its Twitter account.

Eat ugly! The new black platform WITT Blue

In addition, ASJ Forex Global urged their clients to join a new black platform, WITT Blue (https://www.witt.blue/), after being unable to withdraw funds. The WITT Blue platform was launched on July 12, and the domain became visible on July 8 after ASJ Forex apparently stopped processing any withdrawal requests.

In a post on the Dream group, one of the popular Telegram groups with nearly 23,000 members, ASJ Forex administrators urged their clients to invest in the new WITT.blue platform in order to withdraw properly - with a minimum investment set at $30, An invitation or referral is $20.

"Dear ASJ family, I would like everyone to calm down and not blame the ASJ administrator here," the Telegram post read, "You can start for only $30, withdraw anytime 24 hours a day, now share friends for $20."

The platform, which claims to offer trading services such as foreign exchange, stock indexes, precious metals and CFDS, is based in London, England, but does not provide any regulatory information on its website. However, the British FCA entered ASJ Forex Global Limited, and no data was found.

ASJ Forex Global also claims to be based in Hong Kong, which is strangely listed as one of the jurisdictions where ASJ Forex Global does not offer its services. The SFC official website of the Hong Kong Securities and Futures Commission searched the list of authorized companies, but ASJ Forex Global could not be found. Please note that ASJ Forex Global has been placed on the alert list by the Securities Commission Malaysia (SC), which was issued on May 27.

To sum up, ASJ Forex Global is an unregulated black platform.

The biggest common feature of the capital plate is that in the absence of a profit model and no external capital input, it promises you high returns, and then it will really cash you in the early stage, so that you think you can really get rich, inducing you to invest more capital and pull more people in, but the final result is that it hurts money and hurts people. It is not difficult to identify the capital plate, if you want to participate in the investment project to promote high returns, there are multiple layers of market commission system, basically you can be sure that this is the capital plate! Remember, stay away from the money plate! Before entering the gold must find out the platform details, choose a formal platform investment.