12 plain English guides. New here? Start with our free guide on letting AI trade for you. Updated
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What Happened To EminiFX? A Safer Way To Start In 5 Minutes A Day
EminiFX was a forex and crypto trading platform that promised high weekly returns. In 2022 its founder Eddy Alexandre was charged with fraud. He pleaded guilty to commodities fraud and was sentenced to nine years in prison, and courts ordered over $200 million in restitution to customers. Read our full guide to eminifx.
What Happened To Empower Network? A Simpler Way To Earn Online In 5 Minutes A Day
Empower Network started in 2011 under David Wood and David Sharpe. It sold a $25 a month blogging system plus pricier add on packs, paying members to recruit others. Sharpe left in 2015, and in August 2017 Wood said the company was bankrupt. Read our full guide to empower network.
What Happened To Forsage? A Simpler Way To Earn Online In 5 Minutes A Day
Forsage sold itself as a crypto matrix project run on smart contracts. In August 2022 the SEC charged 11 people, saying it was a pyramid and Ponzi scheme that raised over $300 million. In February 2023 the DOJ indicted its four founders over about $340 million. These are allegations. Read our full guide to forsage.
What Happened To HyperVerse? A Safer Way To Start In 5 Minutes A Day
HyperVerse was a crypto program sold through recruiting. Withdrawals stopped in 2022. In January 2024 the SEC and US prosecutors charged founder Sam Lee, alleging investors put in over $1.7 billion. The SEC also said its CEO was an actor. The charges against Lee are allegations. Read our full guide to hyperverse.
What Happened To Kuvera? A Simple Way To Trade In 5 Minutes A Day
Kuvera was the new name for Wealth Generators, a forex and crypto education company. In 2018 its parent company settled CFTC charges for $150,000 over unregistered forex offers. Regulators in France and Belgium later issued warnings, and the parent company moved on to other brands. Read our full guide to kuvera.
What Happened To MOBE? A Simpler Way To Earn Online In 5 Minutes A Day
MOBE, short for My Online Business Education, sold business coaching run by Matt Lloyd. In June 2018 the FTC sued and a court shut it down. In 2020 the main operators agreed to pay over $17 million, and the FTC later sent nearly $19 million in refunds. Read our full guide to mobe.
What Happened To My Forex Funds? A Simpler Way To Trade In 5 Minutes A Day
My Forex Funds was a large prop firm run by Traders Global Group. It shut down in 2023 after the CFTC sued and froze its assets. In May 2025 a US judge threw out the case with prejudice and ordered the CFTC to pay legal fees, after finding the agency misled the court. Read our full guide to my forex funds.
What Happened To OmegaPro? A Clear Way To Start In 5 Minutes A Day
OmegaPro was a forex and crypto network marketing company. Withdrawals froze around late 2022. In July 2025 the US Justice Department charged a co founder and a top promoter, alleging they took in over $650 million by promising 300% returns. The charges are allegations, not convictions. Read our full guide to omegapro.
What Happened To Online Trading Academy? A Simpler Way In 5 Minutes A Day
Online Trading Academy sold trading courses, often for thousands of dollars. In 2020 it settled FTC charges over misleading earnings claims. The deal forgave many customer loans, set a $362 million judgment that was partly suspended, and the FTC later mailed about $5.4 million in refunds. Read our full guide to online trading academy.
What Happened To SurgeTrader? A Simpler Way To Trade In 5 Minutes A Day
SurgeTrader was a US prop firm that sold trading challenges. In May 2024 it lost its trading platform licenses, first MetaTrader and then Match-Trader. A week later, on May 24, 2024, it said it had closed and ceased all operations. Read our full guide to surge trader.
What Happened To The Funded Trader? Trade Your Own Way In 5 Minutes A Day
The Funded Trader was a popular prop firm that paused all operations in March 2024 after a wave of payout complaints. It came back weeks later and said it was moving to the Cayman Islands, but reports since then disagree on how fully it runs. Many traders moved on. Read our full guide to the funded trader.
What Happened To Traders Domain? Trade Smarter In 5 Minutes A Day
Traders Domain FX was sued by the CFTC in September 2024. The CFTC alleges it took at least $283 million from over 2,000 US customers to trade gold against the dollar and ran a Ponzi like scheme. A court appointed receiver is now handling claims. The allegations are not yet proven in court. Read our full guide to traders domain.
Quick answers
Is EminiFX coming back?
No. The company was shut down and its founder was sentenced to prison. Ignore any message saying EminiFX is relaunching. See our full guide.
Is Empower Network still around?
No. David Wood announced in August 2017 that the company was bankrupt, and it no longer operates. See our full guide.
Is Forsage a scam?
The SEC and DOJ allege it was a Ponzi and pyramid scheme. The cases are allegations, not convictions. See our full guide.
Is HyperVerse coming back?
There is no sign of a real relaunch. Treat any message about a HyperVerse return with caution. See our full guide.
Is Kuvera still running?
The Kuvera Global brand was wound down by its parent company, which shifted to other brands. Check any company's current status on its regulator's website before joining. See our full guide.
Is MOBE still around?
No. A court shut MOBE down in 2018 after the FTC sued, and its operators settled in 2020. See our full guide.
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