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Office: 63 Chulia Street, OCBC Centre East, #15-01, Singapore, 049514
Main contacts:
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Crypto
navigate nextBrokernavigate next Torque SuperWallet

About Company

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Torque SuperWallet

N/A

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

Please carefully consider your options and choose the service that best meets your needs.

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OVERALL SCORE
Licenses
--/40
Reviews
25/60
2 reviews

Provided by TrustFinance

OVERALL SCORE
Licenses
--/40
Reviews
25/60
2 reviews

Provided by TrustFinance

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Markets.com

Markets.com

(326 reviews)

foundedInUnited States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Company Information

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Get to know Torque SuperWallet

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Company Information

Get to know Torque SuperWallet

Torque SuperWallet, operated by Torque Trading Systems, was an online platform launched around 2019 that claimed to generate profits for users through automated AI-powered arbitrage trading of cryptocurrencies. Users would deposit funds (like Bitcoin, Ethereum, etc.) into the "SuperWallet," and the company promised daily returns of 0.15% to 0.45%. The platform gained significant popularity, particularly in Southeast Asia. However, it abruptly collapsed in February 2021, with the company claiming an employee had conducted unauthorized trading, leading to massive losses. The platform's CEO, Bernard Ong, disappeared before being arrested by Singaporean authorities in 2022 in connection with the widespread fraud allegations. The platform is widely considered to have been a Ponzi scheme.

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Industry

  • Crypto BrokerPRIMARY
  • Crypto Cryptocurrency

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Reviews

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Imrana Haruna

Imrana Haruna

Direct

Excellent

Overall Thought

"Using Torque SuperWallet has been an absolute game-changer for me in the crypto world. The seamless interface and top-notch security features truly reflect their commitment to user satisfaction. Managing my digital assets has never been easier, thanks to their intuitive design and lightning-fast transactions. The innovative staking options have allowed me to earn rewards effortlessly. I can confidently say that Torque SuperWallet has elevated my crypto experience to new heights, making it my go-to choice for all things crypto."

8월 31, 2023
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