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On June six, 2013, the U.S. Commodity Futures Trading Commission (CFTC) along with the Securities and Trade Fee jointly issued an Investor Notify to warn about fraudulent marketing strategies involving binary solutions and binary possibilities trading platforms. The two agencies claimed which they experienced gained numerous grievances of fraud about binary choices trading web pages, "together with refusal to credit customer accounts or reimburse funds to shoppers; identification theft; and manipulation of program to produce getting rid of trades". Other binary solutions functions were being violating requirements to sign-up with regulators.[twenty five]
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In 2016 The Times of Israel ran a number of content articles on binary possibilities fraud. "The wolves of Tel Aviv: Israel's extensive, amoral binary alternatives rip-off exposed" exposed which the marketplace is often a scam.[14] A 2nd article describes intimately how a binary choices salesman fleeced consumers.
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