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Sync Markets malicious account liquidated and took away client losses
Peppino Lupacchino
2025-04-18
Related Broker:
Sync Markets
Regulators: ASIC
Claims: Compensation for Trading Losses
Amount: $10,000
Progress: Processing
Peppino Lupacchino File a Complaint
2025-04-17

The salesperson recommended Sync Markets to me. The deposit method was to transfer funds to my personal account. I suspected that the funding channel was not safe, but the deposit was successful. However, I never thought that the nightmare would really begin at this time. The first time I deposited 5,000 US dollars, he said that I had to deposit at least 5,000 US dollars to trade. As a result, I kept losing money as I traded, and I was asked to cover my position. The next day after the deposit, all my funds were lost.

He said that I had a small amount of funds and asked me to relax. He guided me and asked me to add some funds. I added 5,000 US dollars and followed the transaction. I asked him whether to set a stop loss. He said no, he was watching. As a result, my position was forced to close. I was shocked and asked him why my order was gone. He said that it was closed by the platform, but he did not inform me in advance. At this time, I woke up and realized that I had encountered a scam!

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