It does not exist as anything more than a website and some social media accounts. In 2016, one of the wolves shared with me the presentation he was pitched by the leading software provider of binary options, SpotOption. Social media has become a wild west for marketers aware that regulators can’t keep up with their online activity. The National Fraud Authority estimated that £59m had been defrauded from UK residents in 2017 from binary options alone. At its peak, the company had a yearly revenue of $100m, making it a star among binary options companies.

Source: The Guardian April 19, 2018 04:52 UTC