Recently, there was a disagreement in an investment group due to questions from CEMX users. A CEMX user asked, 'The CEMX platform has been unable to access funds for almost six months now, referring to channel maintenance. Do you know the real situation?'
Regarding this issue, there were positive and negative responses from Huiyou:
Zhengfang Huiyou said, "They said they can ensure the safety of funds and are actively maintaining and handling them. So wait a little longer. The platform has not run away yet and can trade normally, but you cannot enter or exit the funds
Opponent Huiyou said, "Don't believe this excuse. Every platform claims to maintain itself normally before running, but in fact, it's not ambiguous when it's time to run.
As the editor of Aihuicha, I definitely fully support the opposing views. The editor has read countless scams, from Puton to Haihui International, to TR Foreign Exchange, and so on. Which scam is not to find various reasons not to lend money before running away, while also ensuring that the platform is working hard to maintain and ensure that the money is paid, and in the end, they all come to the same end - they all run away with the money!
Both CEMX regulations are ineffective
Although the probability of being killed by mistake is quite low, it is still necessary for us to take a look at the platform qualifications of CEMX. It is worth noting that although CEMX was included in the black platform column by Aihuicha in 2020, the editor found that its official website is still running normally.
In its self introduction on its official website, CEMX stated that it is regulated by the NFA and Saint Vincent, with NFA number 0529309 and Saint Vincent number 25854BC2020. It is very ironic that its official website reads: "Strictly following legal and compliance requirements is beneficial for ensuring the safety of customer funds." In fact, in user complaints, it has been unable to withdraw or withdraw funds for six months.
According to the number provided by CEMX, the corresponding company name found in NFA is "CEMX INTERNATIONAL LIMITED", which can match the name, but is not a member company of NFA, that is, only registered but not regulated by NFA. As for Saint Vincent, it does not regulate financial derivatives at all and does not have regulatory effectiveness. Overall, CEMX does not have any effective regulation.
CEMX adopts the AB warehouse model, which is a common practice in capital markets. It is said that profits are made in the foreign exchange market through hedging positions A and B. In fact, the AB warehouse model is an upgraded version of a regular black platform, and the way to prevent it is the same as checking the authenticity of foreign exchange platforms. It needs to be able to find the regulatory authority.
Ai Hui Cha Reminder:
If your trading platform, like CEMX, repeatedly finds reasons to refuse to lend money, it is necessary to be vigilant, as this may be a precursor for them to roll money and run away. We should immediately gather the evidence and go to the local public security organs for security.
