Hatchworks (spectre.ai) — Fraud in FX and digital options trading
Jul 20, 2017 · 1 min read
And yet another example of why the multi billion dollar trading industry is deeply flawed. http://www.timesofisrael.com/at-least-12-under-criminal-investigation-for-binary-options-forex-fraud/
All problems have a common genesis; namely the control of client funds and the fact that is rests solely with the broker.
SPECTRE, which is built on the Ethereum blockchain, removes the broker out of the picture entirely, thereby disrupting the current model and empowering the trader. SPECTRE’s aim is to disrupt the digital options and classic retail FX/equities trading industries and lead a paradigm shift. Just how this aims to be done, will be described shortly.
