The number of binary scams is on the rise and a lot of people are falling victim to such dubious practices. Owing to false promises, extraordinary returns and quick turnaround time, traders are succumbing to such frauds over and over again. Here are some of them:

OneCoin - Probably the biggest crypto scams in India, where people fell victim to. Major Crypto websites already did a thorough investigation as to what this Ponzi scheme is and warned all the investors. Eventually, 30 million dollars were seized by Chinese authorities, offices were shut down and all crypto operations were seized. People from India, Ireland, Croatia, Bulgaria, and Norway were the most affected.

BitConnect - The American crypto scam in the making where users used to exchange Bitcoin for Bitconnect Coin expecting astronomical returns of their money. The company also ran a Ponzi lending program where the interest rate on BitConnect Coin depended upon how much money they lent. American authorities were smart and quick enough to identify such practices and seized operations soon after.

Plexcoin - Ever heard of 1300 returns? Because that is what PlexCoin used to offer as returns before shutting down in 2017, on the orders of US Securities and Exchange Commission (SEC). In fact, their Initial Coin Offering also raised 15 million, however, all the funds were frozen and its founder was jailed.
If you are a victim of such a binary options scams, we at First Option Recovery can help you in recovering your debt. Here’s the step by step procedure that you need to follow.

Get a free consultation by filling our form on our homepage www.firstoptionrecovery.com. Divulge all your details including any other specific details that you would like us to know.
Upon contacting First Options Recovery, you will be assigned a client coordinator who will initiate the process.
The first step will be to sign a confidentiality agreement which will allow us to give you more information and the info will be successfully passed on to the attorney.
You will then be contacted by the attorney who will assess your case and an initial overview will be given to you. If you are comfortable with the legal representation, we will be able to discuss the cost of the case.
We are currently operating in all countries apart from Iran, Syria, Iraq, Lebanon, Yemen, Afghanistan, Libya, Sudan and Pakistan.

What are you waiting for? First Option Recovery has successfully worked with thousands of traders and has recovered millions of dollars for them.

About First Option Recovery

FIRST OPTION RECOVERY, the firm with a 92% success ratio and an impeccable record of winning over 3100+ cases along with its 128+ attorneys is the numero uno choice of fund recovery in the world. The firm has been getting steller reviews from the customers all over the world who have decided to use their services and as a result, they are also recommending them to everyone who has been a victim of any kind of fraudulent trade so far. Do contact them if you want to recover your money quickly.

Author's Bio: 

First Option Recovery helps victims of financial frauds such as binary options scams, forex scams, and crypto scams to recover money in 90 days.