Pandora's box, in English, refers to the "source of disaster". Opening Pandora's Box signifies the release of various disasters.
Pandora's Curse, Unfreeze Gold, and Close the Net
On September 26th, the Aihuicha app received a user exposure, who was recommended by netizens to join a trading platform called "Pandora Finance". From then on, he opened the Pandora Magic Box and embarked on his disastrous trading journey.
Exposure: Netizens met a Hong Kong person on social media app Instagram, and the two of them communicated as netizens for over two months. They gradually became familiar with each other and the conversation topics became more and more extensive. From this point on, the other party actively expressed their intention to teach netizens to invest in gold.
So, netizens downloaded the Coin An and MT5 trading platforms according to his requirements, and also registered trading accounts on the Pandora Finance platform. At first, netizens only invested NT $50000 (approximately RMB 11265) to purchase equivalent USDT coins in Coin On, and after several transactions, they successfully withdrew the funds.
In order to attract netizens to invest more funds into their accounts, the Instagram friend specifically charged 10000 USDT coins into their Pandora Finance account first, and constantly persuaded Huiyou to increase their investment on the grounds of "investing more funds to obtain more profits".
When the account funds increased and netizens attempted to withdraw funds from Pandora Finance, the withdrawal application was repeatedly rejected. Consult customer service, who requested netizens to pay a "unfreeze deposit" on the grounds that their account has been frozen. At this time, netizens no longer have more funds to pay the "unfreeze deposit". At this point, the platform began to play and disappeared. Firstly, the exposed netizen's account on the Pandora Finance platform was deleted, and then even the platform website could not be opened. Only then did netizens realize that they had been deceived.
Pandora's identity, unregulated black platform
After checking, Aihui found that the official website of Pandora Finance platform, www.pdforex.co, has an extremely new domain name. It was only established for 2 months, which may be a few days later than exposing netizens' acquaintance with fraudsters!
On Pandora Finance's official website, it claims to provide trading services such as foreign exchange, indices, precious metals, and cryptocurrencies. After downloading Pandora Finance's trading software, it shows that its registered address is in Hong Kong. And its official website did not disclose regulatory information.
Search for Pandora Finance related information on the Hong Kong business page and SFC, and the business registration information matches the public information; But no regulatory information related to it was found at SFC, indicating that Pandora Finance is an unregulated black platform. Investors are advised to stay away!
