Exclusive: Liquidators reply to USGFX Global accusations
USGFX’s shareholder accused BRI Ferrier of instructing the First Bank in Puerto Rico to freeze USGFX Global’s accounts there.
USGFX bankruptcy
USGFX offshore parent accuses liquidator BRI Ferrier of abusing its power
USGFX Global accuses BRI of abusing its power, by instructing First Bank in Puerto Rico to freeze USGFX Global’s accounts.
Exclusive: Bankrupt USGFX’s owner soliciting clients to new usgfx.global site
USGFX shareholder Soe Hein Minn is actively attempting to prevent the liquidator from dealing with the company’s affairs.
USGFX bankruptcy: Court demands to know where shareholder is
The court order was critical of the conduct of USG Holdings and Soe Hein Minn, who remains in contempt of previous court orders
ASIC initiates penalty proceedings against USGFX, EuropeFX and TradeFred
ASIC said that it is seeking a range of relief including declarations of contraventions and pecuniary penalties.
USGFX bankruptcy liquidators: little progress, MetaQuotes blocking server sale
MetaQuotes have indicated that they are not prepared to arrange for the transfer of USGFX’s MT4 and MT5 licenses.
FX week in review: USGFX bankruptcy missing funds; AxiTrader rebrands; broker fines
This week’s top FX industry news stories included the rebranding of Australia’s AxiTrader, and fines handed out to Retail FX brokers.
USGFX bankruptcy update: $14M missing with UPay, $137M deposit claims
The story of the bankruptcy of Australian Retail FX broker USGFX just got stranger. And, potentially, a lot bigger.
USGFX Australia has license revoked by ASIC
We had reported back in mid July that ASIC had suspended USGFX-Australia’s license after the company was put into voluntary administration.
FX week in review: FinanceFeeds sold, IG ad campaign, 4xCube rebrands
Who bought FX industry blog FinanceFeeds? What is IG’s newly launched ad campaign all about? Who did TeraFX hire from ATFX?
