Regulatory warnings towards Trade Pockets have been issued in each Austria and Germany.
On January third BaFin, Germany’s high monetary regulator, confirmed EXW World shouldn’t be registered to supply securities in Germany.
Late final 12 months on December twenty seventh Austria’s Monetary Market Authority (FMA) issued the same securities fraud discover for EXW World AG.
Trade Pockets, which additionally goes by EXW World or simply EXW, launched in mid to late 2019.
BehindMLM reviewed Trade Pockets in September. Primarily based on its enterprise mannequin, we concluded it was an MLM crypto cellular app Ponzi scheme.
The FMA’s fraud warning is important, as we consider the corporate is being operated from Austria.
Trade Pockets shouldn’t be registered to supply securities with any regulator. The corporate operates illegally worldwide.