Malaysia authorities claim $5.4M gone in TriumphFX scam
Cyprus financial regulator CySEC recently extended a ban against TriumphFX controlling shareholder Chong Chun Hseung.
Cyprus financial regulator CySEC recently extended a ban against TriumphFX controlling shareholder Chong Chun Hseung.
CySEC’s measures taken against Chong Chun Hseung and ShineTrade’s executive directors were first enforced in 2023.
CySEC’s suspension will be valid until TriumphFX is removed from the investor alert lists of regulators in Singapore and Malaysia.