Bitcoin Forum

https://i.imgur.com/d58uY3z.png

ThisOption is a Binary Options Exchange, which operates in the Cryptocurrency Market. The exchange has registered a company in the United Kingdom with the name ThisOption Limited since June 2020. However, they have changed the company's status to Suspended Company but still running the business in some ASEAN Country. The Founder of ThisOption is Mr. Nguyen Van Thang; a Vietnamese citizen though stated to be Chinese.

https://i.imgur.com/d6kFwMA.png

Source: https://www.wikifx.com/us_en/dealer/5791869219.html

For the clarification of their documents, ThisOption stated that the company acquired the insurance certification on WikiFX with the National Futures Association certification in the United States to protect users around the world. After the inspection on WikiFX, it can be seen that the insurance agreement is only between Mr. Nguyen Van Thang and WikiFX, with the insurance is valid in Vietnam for 3 months. Moreover, in the User Reviews section, many users report withdrawal issues, which indicates that ThisOption dispossesses the users' property.

https://i.imgur.com/EUqtEPi.png

Source: https://www.nfa.futures.org/BasicNet/basic-profile.aspx?nfaid=CdFC4Ioj%2B8M%3D

All the diplomas of ThisOption Limited, such as NFA, are recorded as Suspicious Clone. On the NFA official website, users can not find any information about ThisOption as the standard members of the National Futures Association. Checking for the office of ThisOption, ThisOption assigned a Virtual Office in Canada under Mr. Nguyen Van Thang. He has the actual address in Vietnam. The proof indicates that ThisOption is a Vietnamese Exchange that makes up a United Kingdom Company with the official headquarter in Canada.

In conclusion, numerous investors have required their assets and interests at ThisOption Exchange but have not received any response. Additionally, after many documents were exposed, ThisOption shows signs of defrauding investors to usurp their assets. The company used methods such as registering a fake legal entity in the UK and making fraudulent NFA certificates. The person behind all of ThisOption's scams is none other than Mr. Nguyen Van Thang, who resides in Vietnam.

https://i.imgur.com/QPTBlLP.png

https://find-and-update.company-information.service.gov.uk/company/12687353/officers

For the operation team of ThisOption Limited, Mr. Nguyen Van Thang and Mr. Nguyen Van Luc are the official representatives in Vietnam. They claimed to introduce ThisOption Exchange to the Vietnam market on behalf of ThisOption headquarters in Canada with the CFD Services. Many investors accuse ThisOption exchange of detaining their invested capital without fulfilling its responsibility to return the funds.

At the time of writing of this article, ThisOption has close their current website domain and change to https://exoption.extons.io. The next part of this article will go to detail about ExOption.

I'm not familiar with the site it just sounds like the ads I usually found while browsing in facebook but it is not I guess or seems so. Good find, but I don't want to jump to conclusion yet, seems this is a fresh find and can't find any review/reports regarding this exchange/website.

So they have token as well https://coinmarketcap.com/currencies/thisoption/

Funnily enough, I think there's an ad that is the same as this that I have found in some illegal anime streaming sites, the ones were there's a lot of pop ups that you have to click before you watch peacefully.

I never trust Coinmarketcap they easily list a coin even if the project look scam and will eventually do an exit scam before they list a coin let them prove themselves first, they even list a coin that is not yet launching and without proper auditing, I am not promoting Coingecko but I prefer this one over Coinmarketcap.

Coinmarketcap is not a good option to use at the moment. Because those who have a good idea about crypto, they can understand what coinmarketcap is doing by looking at the current activities of coinmarketcap. If coinmarketcap lists a coin/exchange depending on the trading volume, then how does it list the coins that are not currently on the market. You have to understand here that there is a lot behind it that normal crypto traders cannot understand. If big websites like coinmarketcap list such fake projects then normal traders are heading towards big danger.

So I agree with you that crypto investors should never trust coinmarketcap. Coinmarketcap's current activities are very dangerous because they promote fake/scam projects.