Japan’s Pandemic Relief Scheme Exploited in $45 Million Fraud Scandal

ize businesses and protect jobs. But what was intended as a lifeline has now been exposed as a lucrative loophole—recently exploited in a massive fraud case involving 6.5 billion yen (approximately $45 million or RMB 300 million). According to Japanese me

Economic Uncertainty Dampens Consumer Confidence as Tariff Pressures Feed Through to Prices

The U.S. Federal Reserve warned in its latest Beige Book that heightened economic uncertainty is significantly eroding consumer confidence. Although overall consumer spending continues to show modest growth, multiple Federal Reserve districts reported tha

Hun Manet Gives Rare Interview to Foreign Media, Refutes Claim That “GDP Relies on Scams”: Online Fraud Cut by Half

Cambodian Prime Minister Hun Manet recently gave a rare interview to international media in Brussels, the Belgian capital, strongly rejecting allegations that his country’s economy depends on scam industries and revealing the results of the government’s h

Escalating Middle East Tensions Fuel Safe-Haven Rally, Commodities Surge

BEIJING, Feb. 28 – Global prices of gold, silver and crude oil surged across the board on the evening of Feb. 27 as geopolitical risks in the Middle East escalated sharply, fueling a significant rise in risk aversion across markets.

Gold Rush Gone Bad: Inside Shenzhen\\\'s $2 Billion "Jie Worui" Meltdown

When Gold Prices Soared, This Chinese Trading Platform Went Rogue—Leaving Thousands of Hong Kong Cross-Border Investors Holding the Bag

The FBI in the United States has seized a cross-border "pig killing disk" fraud website with a total amount of over 90 million US dollars

The Federal Bureau of Investigation (FBI) recently seized and shut down a website domain used for implementing cryptocurrency "pig killing disk" investment fraud. The operation is led by the FBI San Diego Division and aims to crack down on an in

Institutional FX Volumes Hit Three-Month High as Dollar Volatility Drives October Trading

The Federal Reserve rate cut and political uncertainty push Cboe FX past $1.19 trillion.

This CFTC Decision Could Change Everything for Event Contracts Trading

Event contracts got a regulatory break this week when the Commodity Futures Trading Commission (CFTC) granted relief to Railbird Exchange and its clearing partner from certain swap reporting requirements.

Investing in gold becomes a deadly trap! A Taiwanese family of five committed suicide after being defrauded

On July 2nd, in a residential building in front of Fengyuan Railway Station in Taichung, the cold bodies of the owner of a military supplies store surnamed Wang and his family of five silently accused a carefully planned and closely pursued "Golden B

IG Group Unlocks Over £425 Million amid a Capital Reduction

IG Group has carried out a capital reduction, an accounting move that reshuffles money already held in the company’s equity accounts. The process was finalised after the UK High Court approved the plan, following a green light from shareholders.

Adviser Banned for 10 Years After $15M Hit Shady UK Platform

Australia\'s financial regulator has banned a former financial adviser for 10 years after she funneled at least $14.8 million of client money into a cryptocurrency scam while telling investors their funds were going into safe, fixed-interest accounts.

Why Did Forex Trading Volumes Crash in May 2025?

May was a challenging month for institutional foreign exchange (FX) markets. After a period of relative stability, trading volumes across major platforms, including Cboe, FXSpotStream, TFX, Euronext, and Fastmatch’s 360T, experienced a steep decline compa

French AMF Shuts Down 181 Fraud Investment Sites in 2024 as Losses Hit Almost €30K per Victim

France\'s financial markets authority disclosed that victims of investment scams lost an average of €29,500 in 2024. The regulator imposed €26.5 million in sanctions as enforcement efforts reached new heights amid a surge in digital fraud targeting younge

XRP Futures Debut on CME With $19M Volume on First Day, Driving ETF Speculation

CME now offers futures on several major cryptocurrencies, including Bitcoin, Ethereum, and Solana. Notably, XRP’s debut volume surpassed that of CME’s Solana contracts, which launched in March and saw $12.3 million in notional volume on their first day. T

Argentex Set for Acquisition as IFX Payments Targets UK FX and EMEA Markets

Argentex, listed on AIM since 2019, has handled over $200 billion in FX transactions across over 140 currencies. The firm’s clients would gain access to IFX’s technical tools, including the ibanq platform.