KPMG LLP has been appointed administrators of Alpari UK. Company will return $99 million of client money, as no buyers or lifeline providers emerged.
Read moreAfter several painful months during which FOREX MMCIS attempted to resolve its financial difficulties, the firm has finally closed its doors, leaving behind a potential loss to several thousand clients
Read moreFollowing a series of events in which FOREX MMCIS canceled withdrawals with clients left hanging in the balance, the firm has since ceased operations. Or has it?
Read moreAs the whirlpool around troubled FX broker FOREX MMCIS gathers pace and the withdrawal maladies continue, Russia's top consumer affairs body has admitted it is helpless to take any measures against the company. LeapRate has been keeping you up to date with the latest developments around FOREX MMCIS, a troubled broker particularly active in Russia…
Read moreAiling retail FX firm FOREX-MMCIS has now canceled all withdrawals, signaling the end of the road, whilst shifting the responsibility to unrelated payment aggregator
Read moreFollowing the freezing of withdrawals by Russian FX firm FOREX MMCIS recently, the company has now stated that it has no means of returning funds to clients
Read moreSomewhat abruptly, Russian FX firm ForexInn has ceased its operations, with all of its websites down, and a message to customers displayed within its archive. What will become of client funds?
Read moreWith the sudden passing of Blackfield Capital following its bankruptcy on Friday, clients are encouraged to "look for Kim Karapetyan in the US" as he has allegedly fled Russia
Read moreSeven years have passed in which INTL FCStone has been embroiled in legal wranglings resulting from the demise of Sentinel, however today, the US Court of Appeals have put an end to the entire episode, with INTL FCStone victorious
Read moreTokyo Police Department launches criminal investigation into the demise of MtGox following upturn in image for Bitcoin
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