Skip to main content

Featured

My Father's Advice

MY FATHER'S ADVICE... 1. Not everything will go as you expect in your life. This is why you need to drop expectations and go with the flow. 2.Reduce bitterness from your life, that shit delays blessings! 3. Dating a supportive woman is everything. 4. If you want to be successful, you must respect one rule - Never lie to yourself. 5. If your parents always count on you, don't play the same game with those who count on their parents. 6. Chase goals, not people. 7. Your 20's are your selfish years, build yourself, choose yourself first at all cost. 8. Detachment is power. Release anything that doesn't bring you peace. 9. Only speak when your words are more beautiful than your silence. 10. Invest in your looks. Do it for no one else but yourself. When you look good, you feel good. Normalize dressing well, you're broke not mad. 11. Some people want to see everything go wrong for you because nothing is going right for them. 12. Being a good person doesn't get you lov...
Post a Comment
Read more

Another One bites the Dust-The Panagora Blog

 

Torque Trading collapses, pulls “bad trades” exit-scam

Feb.09, 2021 in companies

The Torque Trading Ponzi scheme has collapsed.

Daily returns have been disabled, with Bernard Ong blaming the collapse on an employee.

In an email sent out to Torque Trading investors, Ong (right) claims that yesterday the company

discovered significant trading losses against Torque’s open positions iwth crypto exchanges.

It appears that one of our employees has placed heavily leveraged trades, in violation of our internal rules.

Why would an employee with no skin the game do this?

They wouldn’t.

Torque Trading was a Ponzi scheme since launch. Trading or otherwise, returns have always been paid with new investment.

A visit to Torque Trading’s website reveals website traffic fell off a cliff in late January.

For an MLM Ponzi scheme, this brings forward the inevitable collapse. Bing-badda-boom, here we are.

In line with suspension of all trading activity pending this investigation, we have suspended all wallet functionality (deposits, rewards, withdrawals, reallocation) until further notice.

With withdrawals disabled, Torque Trading will now enter the “stall while we make off with your money” phase of the exit-scam.

We are doing everything we can to conclude the investigations in the coming days.

When your wallet functionality is restored, you can expect a significant decrease in your Torque wallet balance to reflect the trading losses.

At this point, you will have two options:

  1. Withdraw your remaining balance and close your Torque account; or
  2. Maintain your balance and we will resume trading upon this balance. If you choose this option there is no action required on your part.

Ponzi schemes like Torque Trading are a zero-sum equation. What’s withdrawn is stolen, and at any given time the majority of investors are at a loss.

If Torque Trading does re-enable access to the backoffice, as above the monopoly money balances will be reduced.

This has nothing to do with trading, it’s just redistribution of whatever’s left of invested funds to pay out.

What’s left after Ong, other Torque Trading admins and top promoters have withdrawn before rank and file affiliate investors.

Sorry for your loss.

Email Post

Comments

  1. EssienAugust 25, 2021 at 10:33 AM

    Awesome article1 This will be supportive to anyone who utilizes it, including me. Keep doing what you are doing a good job. can't pause in reading more of your posts. Thanks for the precious shared. Check, your best plug for download uniuyo post utme past questions

    ReplyDelete

Post a Comment