The FCA regulator has recently revealed that after multiple investigations, it has detected that the financial platform GLOBTFX is suspected of being involved in financial fraud. The authorities are closely monitoring the operation of the platform and plan to take legal action against it in the near future.

According to the investigation report of FCA regulator, GLOBTFX platform is suspected of misleading investors through non-transparent trading means and false propaganda, and is suspected of carrying out unauthorized financial operations, which has brought serious economic losses to a large number of users. Preliminary evidence suggests that the platform may have engaged in illegal fundraising and other behaviors.

A spokesman for the FCA regulator, Smithson, said, “Our priority is to protect the public interest and ensure the transparency and safety of the financial markets. Any financial platform that breaks the law will be severely sanctioned. We have initiated further investigations into GLOBTFX and will take concrete actions in the near future to protect the rights of victims.”

Currently, the FCA regulator urges the public to be vigilant and avoid making high-risk investments on unregulated platforms and advises any individual who has invested on the GLOBTFX platform to contact the relevant authorities as soon as possible to provide assistance and seek legal support.

GLOBTFX is a platform that claims to provide online financial trading services, focusing on cryptocurrencies and other markets. However, as more and more investors reported abnormal operations on the platform, regulators began to investigate it. Initial findings show that the platform's operating model has several non-compliance issues and is suspected of using high returns as bait and false promotions to attract investors.

The FCA regulator said that it will take tougher measures against GLOBTFX in a few weeks, including freezing its bank accounts around the world, shutting down the relevant operation channels and conducting a comprehensive review of it. In addition, the authorities also plan to introduce new regulatory policies to prevent similar platforms from reappearing and to protect investors from fraudulent platforms.

The FCA regulator calls on any investor who has used or is using the GlobeTFX platform to pay close attention to the development of the situation and actively provide reporting information to the law enforcement authorities to help speed up the progress of the case.