BOOC Under Fire: A Trader's Nightmarish Experience

In a shocking revelation that casts a dark shadow over BOOC, a trader from Vietnam has come forward with a harrowing account of financial manipulation and deceit. Nguyen Hai Duong, a 24-year-old trader, has accused BOOC of withholding a substantial sum of $3 million USD that he deposited, painting a grim picture of the company's unethical practices.

The Incident

Nguyen's ordeal began when he deposited a significant amount of money into his trading account at BOOC. Despite diligently adhering to the platform's policies and engaging in long-term trading, he soon found himself embroiled in a series of disputes with the company. Here is his account, as shared with WikiFX:

“At Admiral, they claim I made pricing errors, but my positions were long-term for nearly two weeks, without participating in any bonuses or programs. I accept overnight fees. When I had profits and wanted to close my positions, they blamed me for violating their policy. Then, when they couldn't justify that, they found another excuse, saying I traded at incorrect prices. I demanded evidence of where I traded at incorrect prices, and if they couldn't provide it, they should refund my money.”

Lack of Transparency and Accountability

Nguyen's attempts to resolve the issue were met with resistance and obfuscation. Despite his repeated requests for evidence of the alleged pricing errors, BOOC failed to provide any concrete proof. Instead, the company continued to levy baseless accusations against him. Nguyen contends:

“As for me, I can prove to Admiral that I didn't make pricing errors by providing evidence from other platforms where prices were no different from Admiral's. I suspect the Admiral deceived me and took $9021 from me, and my friends are also being targeted by the Admiral, with a total amount close to $27000.”

This pattern of behavior suggests a deliberate strategy by BOOC to defraud long-term traders of their rightful profits. By fabricating charges of pricing errors, the company appears to be systematically seizing the earnings of its users.

A Call for Justice

Nguyen's story is not an isolated incident. He reveals that his friends have also fallen victim to similar tactics, collectively losing close to $27,000. This points to a broader, more insidious problem within BOOC, one that demands immediate attention and action.

“I believe Wiki is an app that can ensure fairness for all traders, so I hope you can help me so that other traders don't face the same situation as me in the future. Admiral refuses to acknowledge my emails or evidence; instead, they claim I made pricing errors. All I see is whenever I have profits, Admiral finds excuses to take all of our profits because we are long-term traders. We didn't participate in any wrongdoing, but the Admiral only seeks reasons to seize our profits.”

Nguyen's plea to WikiFX underscores the urgent need for a thorough investigation into BOOC's practices. Regulatory bodies and consumer protection agencies must step in to safeguard traders from such exploitative behavior.

Conclusion

The allegations brought forth by Nguyen highlight a disturbing trend of malpractice at BOOC. If left unchecked, these actions could erode trust in trading platforms and jeopardize the financial well-being of countless traders. It is crucial for the trading community to rally behind Nguyen and others like him, demanding transparency, accountability, and justice.

This exposure serves as a stark reminder of the importance of vigilance and due diligence when dealing with financial institutions. As Nguyen's case unfolds, it is hoped that his courage in speaking out will pave the way for greater scrutiny and reform within the industry.