Exclusive: EU Institutions in Catch 22 Regarding IronFX Case

[kreslik.news]

It’s been more than three years since the first signs of trouble emerged for clients of one particular retail brokerage in Cyprus – IronFX. The company’s clients have been all over the news and social media in China, Europe and Latin America, demanding justice and a repayment of their withdrawals. In the meantime the Audit Office of the Republic of Cyprus has released its annual report, showing a massive client money hole. The company disputed the findings.

The case escalated into an investigation by the Cyprus Securities and Exchange Commission (CySEC) that settled with IronFX and allowed ... (read more)