ASJ FOREX GLOBAL | Announces Successful Hundred Million Dollar Investment with JP Morgan? by Financier
This blog post is based on the personal opinion of the author based on his experience, research, and insights provided by people.
Last July 11, 2022, ASJ Forex Global announced the successful triple battle investment between the company and JP Morgan has been passed. The previous figures that had been stated, a whopping $360 million dollar investment coming from the reputable bank. ASJ shared the good news with its members who were keen to see the withdrawal button back.
But as withdrawal processes and new "terms and conditions" were announced, the members started to question, was there really an investment from the bank?
Below are articles that defenders of the company usually post to show that the investment was real.
- ASJ Forex Global got the second strategic investment from JPMorgan - Digital Journal
- ASJ FOREX GLOBAL and JP MORGAN Partnership
- ASJ Forex Global got the second strategic investment from JPMorgan
WHAT ASJ SAYS
It announced the successful partnership unilateraly. This means that they are the only ones who announced it. Normally, a successful investment like this is publicly and jointly announced since it involves million of dollars.
It announced the successful partnership unilateraly. This means that they are the only ones who announced it. Normally, a successful investment like this is publicly and jointly announced since it involves million of dollars.
WHAT JP MORGAN SAYS
Well, nothing. They don't have any announcement regarding this.
Why? Because there was no investment. Since the beginning, JP Morgan had made no statements regarding ASJ Forex. It was lately when their social media accounts were bombarded with inquiries with ASJ FOREX that they responded. The official Twitter account of J.P. Morgan said that "This is false. Our company has not made an investment in ASJ Forex."
Sad to say, there was no investment. If you check reputable financial web pages, there is no mention of ASJ Forex investments.
For more information you can also read this article: ASJ FOREX GLOBAL and JP MORGAN Partnership - Is there really a partnership?