Over a year ago, TraderKnows issued warnings to investors about the potential risks associated with the Opixtech scam network. However, many investors at the time were misled and continued to defend Opixtech.
Recently, TraderKnows received a letter from a user in Manila, Philippines, confirming that Opixtech and its affiliate broker, International Finance Asia (IFA), have prohibited users from withdrawing funds. The case has now caught the attention of the Australian Securities and Investments Commission (ASIC).
Reports suggest that the total amount involved has reached several hundred million dollars, with thousands—potentially tens of thousands—of victims worldwide.
On December 18, the Filipino user informed TraderKnows that they had personally invested $20,000 in Opixtech. Furthermore, they revealed that thousands of victims globally have invested amounts ranging from $5,000 to $500,000. The funds were transferred to Opixtech and IFA accounts in the form of Tron USD cryptocurrency, guided by "upline" recruiters. The user has been unable to withdraw their funds and is seeking assistance from TraderKnows. ASIC has officially launched an investigation into Opixtech and IFA.
Regarding withdrawal issues, TraderKnows advises affected users to:
- Preserve all communication records with their "uplines" or agents.
- Collect as much personal information as possible about Opixtech representatives.
- Report the incident to local law enforcement authorities immediately to minimize losses.
TraderKnows emphasizes that all individuals and agents involved in promoting Opixtech and IFA will eventually face legal accountability. Companies and individuals still engaged in promoting Opixtech are urged to cease their activities immediately and return funds to investors. Failure to do so will result in inevitable legal repercussions.
