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Bitcoin Forex Trading Possible 'Scam'

Good evening everyone,
Before the story commences, I am unsure if posting it on this subreddit will be of any help, but I do have a certain faith in the overall Reddit community.
About two weeks ago my mother informed me about a conversation she was having with a real friend of hers. They were talking about investing money in something (it was quite vague and unspecified). So naturally I asked some questions; 'What are you investing in? What is the company name?'. It turned out to be a investment in Bitcoin through a company by the name of MTI. Mirror Trading International. Then of course I did some digging, made myself more familiar with how cryptocurrency works and what the processes behind it entail. The search results of MTI show multiple links to news articles disputing the legitimacy of MTI.
My mother joined a Zoom call with the friend from before and some others that already partook in this movement. There they asked questions and answered questions about MTI and how it works.
MTI claims this: " You too can start to benefit from this marvellous opportunity. Remember, your trading pool balance will fluctuate with the changing Bitcoin price, but your Bitcoin WILL be growing, and when the price of Bitcoin rises, you will be perfectly placed to take full advantage thereof. "
Seemingly you invest money in bitcoins and the money of all the investors is gathered in a forex trading pool. Every day investors are able to see the trades in the pool (made my an AI trading bot). Without doing anything you can passively build or grow your balance. I honestly think the revenue that comes back to investors are the funds provided by new members (like in a Ponzi scheme). The returns they promise are way too optimistic to be genuine. The CEO of the company has participated in other fraudulent activities like the Kipi scam.
Somehow I tried talking to the people from the Zoom call my mother attended, explaining why I do not trust the company and its intentions. Sadly, all falls on deaf ears and they are unconditionally sure about the legitimacy of MTI.
My question: What are your regards on this topic and on MTI? How should I convince those involved that this is not a risk worth taking. It makes me worry more than I want to.
Thank you for your time in advance!
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Forex Scam Warnings and Traders Court. Resolved Issues . Resolved - MTI (Markettraders.com) Scam Alert !!! Phones play an important part (as Ropes) in MTI's scam. It causes short circuits in people's brains so that they can not read and find out what MTI does not like them to find out in the contracts they are signing. 4). In MTI's contracts, the 3rd step in the Satisfaction Guarantee The Forex Scam Brokers Blacklist. Unfortunately, every day there are more fake forex scam brokers and other types of online trading brokers (including binary options) looking to scam unsuspecting victims. The table below is a broker blacklist consisting of binary options and forex scam brokers who have scammed those who made complaints on Broker Complaint Registry. If you would like to report MTI,Mirror Trading International, a South African Bitcoin investment company faces fresh scam allegations by Choice, a forex and crypto trading company who claims the former is a multi-level marketing scam. MTI Markets is a STP/ECN broker that offers trading in forex, CFDs on indices, commodities and precious metals on the industry’s standard MetaTrader 4 platform.. The brand is operated by MTI Investments LLC, a company registered on the Marshall Islands. Brokers based in Marshall Islands are not under any regulation and you should be aware of all the risks associated with investing with I subscribed on the last july the " Forex Chief Elite Signals" service. Such signals accumulated losses amounting 1450 pips from july to October 9, 2020. Furthermore, this service provides a ton of signals every day by a Telegram channel , so that one has to pass the entire day following them. All this for 1k. Absolute scam !!! Mirror Trading International (or MTI) is a company that claims to pool everyone's money and then, in their words, uses advanced digital software and artificial intelligence to trade the international Forex markets using Bitcoin as the base currency. Sho, lot's of buzzwords! The profits are then divided daily among the members who contributed. Mirror trade international also known as MTI operates in the forex niche. It is an online investment platform, that integrates advanced digital software and artificial intelligence to trade in the Forex markets. It was founded and registered in Northcliff, Johannesbourg South Africa in April 2019. What this company does is that it accepts funds from investors, trade them in the forex market

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