Advance Fee Fraud: Should You Pay Tax To Retrieve Your Forex and Crypto Profits?

Advance fee fraud related to forex and crypto typically involves scammers who promise guaranteed profits or insider knowledge in exchange for an upfront fee or access to your trading account. They may use high-pressure tactics or convincing-looking websites to persuade you to send money or disclose sensitive information, but the promised returns never materialize. In some cases, the scammers may even pose as legitimate forex or crypto brokers, but they are not registered or regulated.

It is important to be cautious when dealing with unsolicited offers related to forex or crypto, and to only use reputable, licensed brokers and platforms. Be wary of any promises of guaranteed returns, and always do your own research and due diligence before investing. Remember, if it sounds too good to be true, it probably is.

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[yomyomus]

So forex brokers don't need to hold tax in order to release funds r u sure?