TriumphFX 

Converting investor funds to a token with no use case and no limit to minting has created a loss of value of customer investments by over 93% to date. This shows that the TFX has next to 0 liquidity including any profits (6-9%) is paid out using the now worthless TFX token. Everyone knows constant printing of new money for any reason only creates inflation; look at Zimbabwe and Venezuela. I will not say it’s a Ponzi scheme I will however say that this is a rug pull that will give TFX a ‘reason’ to provide its investors on the loss of investment value. The new scheme that is being shared is to stake its worthless TFX and attach other valuable crypto to its funds.

P/S - I have asked multiple times for a white paper to be shared however no one can give me that info. That itself is a sign on a rug pull. And when I ask crypto based questions the answer I always receive is ‘That is too technical for me to answer’

Turn of Events:

August 2022 - Withdrawal backlog (clear liquidity issue)
November 2022 - Launch of TFX token at $1
December 2022 - March 2023 - More excuses given which is usually wait and observe or we are working on it
April 2023 - Token value $0.065

Personally I have lost (yes I really mean lost) 93% of the value of my investment with nothing to show. If you’re reading this, you’ll be safer trading your own money yourself.

Nothing more than a ponzi. Google tfx blog wordpress, it has instructions on what to do as well as evidence on why it is a scam.

I've been making trading profits using Triumph FX for the past 2 years. They have not been perfect, sometimes they take a long time to reply to support tickets, and it's not always quick to move profits out through the banking or Crypto wallets. Having said that, I've been paid every single time profits were due.