Are socially-engineered attacks becoming more popular? And if so, what can be done?
FM
When it comes to cryptocurrency-related crime, every year seems to have its own particular ‘flavor’. 2018 was the year of massive exchange hacks (remember Coincheck?); 2019 was seasoned with an air of massive ponzi schemes (PlusToken, OneCoin) with a few scandals thrown in the mix (QuadrigaCX, anyone?)
So far in 2020, the most memorable crypto-related criminal moments seem to be taking a new shape. As cryptocurrency exchanges have continued to beef up their security measures, and global regulators and law enforcement are learning how to curb crypto crime, criminals are increasingly attacking from a new angle: socially-engineered cyber attacks.
Of course, these kinds of manipulative tactics have been a part of the cryptosphere since its inception: even outside the cryptosphere, cyberattacks that exploit human trust are as old as time (or at least as old as the internet). Phishing, stolen identity scams, and many other kinds of exploitative scams are, unfortunately, very popular.
So far this year, socially-engineered attacks appear to be playing an outsized role in crypto's scam landscape. Is 2020 crypto’s ‘Year of the Phish’?
2020's Most Prominent Crypto Scam So Far Was a Socially Engineered Attack on Twitter
After all, it certainly seems that the most memorable crypto-related cybercrime story of the year so far was based on multiple angles of trust exploitation.
Joe Biden's Twitter account was one of many that were compromised in the July attack.
Dozens, or even hundreds, of unsuspecting users, sent a total of more than $100,000 to the bitcoin addresses they believed to be associated with Barack Obama, Elon Musk, Joe Biden, and many others.
How did this happen?
Legend has it that a vampire cannot enter your house unless they are invited in. Sure enough, 17-year-old Graham Ivan Clark was able to access and post from the Twitter accounts in question because an unsuspecting Twitter employee accidentally handed him the keys to the kingdom.
Indeed, Clark’s attack was designed to manipulate and exploit human trust from beginning to end. He reportedly used phishing email tactics to convince a Twitter employee that he was a coworker in the company’s IT department. He then received the necessary credentials from the employee, allowing him to access Twitter’s ‘God mode.’
'Giveaway' Scams Are Not a New Thing for the Cryptocurrency Space
Graham Ivan Clark’s attack on Twitter may be the most famous crypto-related cyberattack this year. However, it is only one of many socially-engineered cyberattacks in crypto space.
In fact, just this week, attacks that closely resembled Clark’s attack on Twitter have rocked the world of Youtube.
Specifically, hackers appear to be systematically taking over prominent Youtube channels. The hackers then change the names of the channels, and then post videos urging viewers to send Bitcoin with the same promise that Clark offered victims on Twitter: that their coins would be doubled and sent back to them.
Business Insiderreported that unlike the Twitter scams, the exploited Youtube accounts do not appear to have been compromised through a widespread security breach of Youtube’s internal operations. Rather, hackers appear to have only gotten ahold of the credentials for specific accounts they are interested in hacking.
The hackers also appeared to take advantage of the SpaceX landing that occurred last week as a means of getting more clicks on their videos: the names of the compromised channels were changed to terms like 'SpaceX' or 'Elon Musk' to exploit the increased interest in SpaceX’s collaboration with NASA.
Esports commentator Rod Breslau also pointed out that some of the channels’ live-streamed Bitcoin scam videos may have used ‘view-bots’: bots that artificially inflate the number of views that a channel has, to heighten their visibility.
there are currently three YouTube live streams each with 50,000+ viewbot viewers from abandoned/bought Minecraft channels among others promoting a fake SpaceX website asking you to send them Bitcoin pic.twitter.com/d1aBtzlP29
On July 12th, Charles Hoskinson, the founder of the Cardano (ADA) cryptocurrency network, posted publicly on Twitter about the scams: “it has come to my attention that a scam has been floating around using my conference keynote to promote a giveaway...this is a scam. Please report it to YouTube. We will take legal action if we can against those responsible.”
Around the same time, CoinDesk reported that a number of other fake videos and accounts had sprung up under the identities of, Ethereum founder Vitalik Buterin, Gemini founders Tyler and Cameron Winklevoss, and others.
Other than removing reported videos, it is still unclear what Youtube is doing to try and curb these scams. A Twitter user alleged that the fraudsters behind the fake Youtube videos “are also putting [their videos] in youtube ads which is insane.” He asked: “Is youtube ignoring this for revenue? How are they not vetting the ads?”
Finance Magnates reached out to Youtube, but did not immediately receive a response. Comments will be added as they are received.
Scammers Are Becoming 'More Professional and Dangerous'
In addition to co-opting the identities of individuals within the cryptocurrency sphere, hackers seem to be taking on the identities of platforms at an increasing level.
Some of these fake exchanges may take on the appearance of existing, legitimate crypto exchanges, while others may set up shop on their own before disappearing with users’ funds. The fake exchanges are also a 'convenient' way for hackers to rack up large amounts of users’ personal data: identity records, credit card numbers, bank account information, and more.
In its report, Whale Alert commented that “the change in method and the increase in quality and scale suggests that entire professional teams are now behind some of the most successful” of these fake exchanges, and that “it is just a matter of time before they start using deepfakes, a technique that will surely revolutionize the scam market.”
On the whole, Whale Alert noted a trend in cryptocurrency fraud after the mid-July Twitter attack “the scale and the boldness of the attack confirm our fears that the scammers are becoming more professional and dangerous.
“What started with mostly bulk sent sextortion emails and malware has now evolved into fake enterprises offering round-the-clock ‘customer support’ with dozens of websites and thousands of fake social media accounts used for promotion.”
The Crypto Scam Industry May Soon Be Worth $50 Million Per Year
This apparent increase in professionally built, socially-engineered cyberattacks appears to also have dramatically increased the amount of money that hackers have managed to abscond with.
Indeed, Whale Alert’s report found that scammers’ BTC income appears to have surged throughout the first six months of this year.
Source: Whale Alert
“So far we have been able to confirm 38 million US dollars in bitcoin alone stolen by scammers over the past 4 years (excluding Ponzi schemes, which are a billion-dollar industry on their own),” the report said: “$24 million of which [were stolen] during the first 6 months of 2020.”
At the moment, Whale Alert seems to believe that this will only get worse “by the end of 2020, we predict [the crypto scam market] will have grown over twenty-fold since 2017 to an annual revenue of at least 50 million US dollars.”
Quashing the Growth of the Crypto Scam Industry
Can anything be done to stop the growth of the cryptocurrency scam market?
It seems that yes, falling victim to these kinds of scams is certainly preventable: the social media platforms that are being used to spread these scams are certainly taking action.
Twitter, for example, told users that “we’re accelerating several of our pre-existing security workstreams and improvements to our tools. We are also improving our methods for detecting and preventing inappropriate access to our internal systems and prioritizing security work across many of our teams.”
We’re accelerating several of our pre-existing security workstreams and improvements to our tools. We are also improving our methods for detecting and preventing inappropriate access to our internal systems and prioritizing security work across many of our teams.
Other platforms, including Youtube, appear to have taken the approach of quickly responding and removing fraudulent cryptocurrency-related accounts and videos.
Additionally, regulators and law enforcement agencies around the world seem to be continuously learning and developing strategies for dealing with crypto-related fraud.
The Ultimate Responsibility for Cryptocurrency Safety May Lie With the Crypto Community as a Whole
However, Whale Alert alleges that the primary responsibility of fraud prevention at the moment lies with the cryptocurrency community.
For example, while crypto giveaway scams may appear to only affect the most gullible among us, legitimate blockchain and cryptocurrency platforms often hold legitimate crypto giveaways.
Therefore, “established blockchain companies play a big role in normalizing the idea of free money through giveaways and should be more thoughtful about what message they carry outwards and stop with these kinds of promotions altogether,” Whale Alert argues.
When it comes to cryptocurrency-related crime, every year seems to have its own particular ‘flavor’. 2018 was the year of massive exchange hacks (remember Coincheck?); 2019 was seasoned with an air of massive ponzi schemes (PlusToken, OneCoin) with a few scandals thrown in the mix (QuadrigaCX, anyone?)
So far in 2020, the most memorable crypto-related criminal moments seem to be taking a new shape. As cryptocurrency exchanges have continued to beef up their security measures, and global regulators and law enforcement are learning how to curb crypto crime, criminals are increasingly attacking from a new angle: socially-engineered cyber attacks.
Of course, these kinds of manipulative tactics have been a part of the cryptosphere since its inception: even outside the cryptosphere, cyberattacks that exploit human trust are as old as time (or at least as old as the internet). Phishing, stolen identity scams, and many other kinds of exploitative scams are, unfortunately, very popular.
So far this year, socially-engineered attacks appear to be playing an outsized role in crypto's scam landscape. Is 2020 crypto’s ‘Year of the Phish’?
2020's Most Prominent Crypto Scam So Far Was a Socially Engineered Attack on Twitter
After all, it certainly seems that the most memorable crypto-related cybercrime story of the year so far was based on multiple angles of trust exploitation.
Joe Biden's Twitter account was one of many that were compromised in the July attack.
Dozens, or even hundreds, of unsuspecting users, sent a total of more than $100,000 to the bitcoin addresses they believed to be associated with Barack Obama, Elon Musk, Joe Biden, and many others.
How did this happen?
Legend has it that a vampire cannot enter your house unless they are invited in. Sure enough, 17-year-old Graham Ivan Clark was able to access and post from the Twitter accounts in question because an unsuspecting Twitter employee accidentally handed him the keys to the kingdom.
Indeed, Clark’s attack was designed to manipulate and exploit human trust from beginning to end. He reportedly used phishing email tactics to convince a Twitter employee that he was a coworker in the company’s IT department. He then received the necessary credentials from the employee, allowing him to access Twitter’s ‘God mode.’
'Giveaway' Scams Are Not a New Thing for the Cryptocurrency Space
Graham Ivan Clark’s attack on Twitter may be the most famous crypto-related cyberattack this year. However, it is only one of many socially-engineered cyberattacks in crypto space.
In fact, just this week, attacks that closely resembled Clark’s attack on Twitter have rocked the world of Youtube.
Specifically, hackers appear to be systematically taking over prominent Youtube channels. The hackers then change the names of the channels, and then post videos urging viewers to send Bitcoin with the same promise that Clark offered victims on Twitter: that their coins would be doubled and sent back to them.
Business Insiderreported that unlike the Twitter scams, the exploited Youtube accounts do not appear to have been compromised through a widespread security breach of Youtube’s internal operations. Rather, hackers appear to have only gotten ahold of the credentials for specific accounts they are interested in hacking.
The hackers also appeared to take advantage of the SpaceX landing that occurred last week as a means of getting more clicks on their videos: the names of the compromised channels were changed to terms like 'SpaceX' or 'Elon Musk' to exploit the increased interest in SpaceX’s collaboration with NASA.
Esports commentator Rod Breslau also pointed out that some of the channels’ live-streamed Bitcoin scam videos may have used ‘view-bots’: bots that artificially inflate the number of views that a channel has, to heighten their visibility.
there are currently three YouTube live streams each with 50,000+ viewbot viewers from abandoned/bought Minecraft channels among others promoting a fake SpaceX website asking you to send them Bitcoin pic.twitter.com/d1aBtzlP29
On July 12th, Charles Hoskinson, the founder of the Cardano (ADA) cryptocurrency network, posted publicly on Twitter about the scams: “it has come to my attention that a scam has been floating around using my conference keynote to promote a giveaway...this is a scam. Please report it to YouTube. We will take legal action if we can against those responsible.”
Around the same time, CoinDesk reported that a number of other fake videos and accounts had sprung up under the identities of, Ethereum founder Vitalik Buterin, Gemini founders Tyler and Cameron Winklevoss, and others.
Other than removing reported videos, it is still unclear what Youtube is doing to try and curb these scams. A Twitter user alleged that the fraudsters behind the fake Youtube videos “are also putting [their videos] in youtube ads which is insane.” He asked: “Is youtube ignoring this for revenue? How are they not vetting the ads?”
Finance Magnates reached out to Youtube, but did not immediately receive a response. Comments will be added as they are received.
Scammers Are Becoming 'More Professional and Dangerous'
In addition to co-opting the identities of individuals within the cryptocurrency sphere, hackers seem to be taking on the identities of platforms at an increasing level.
Some of these fake exchanges may take on the appearance of existing, legitimate crypto exchanges, while others may set up shop on their own before disappearing with users’ funds. The fake exchanges are also a 'convenient' way for hackers to rack up large amounts of users’ personal data: identity records, credit card numbers, bank account information, and more.
In its report, Whale Alert commented that “the change in method and the increase in quality and scale suggests that entire professional teams are now behind some of the most successful” of these fake exchanges, and that “it is just a matter of time before they start using deepfakes, a technique that will surely revolutionize the scam market.”
On the whole, Whale Alert noted a trend in cryptocurrency fraud after the mid-July Twitter attack “the scale and the boldness of the attack confirm our fears that the scammers are becoming more professional and dangerous.
“What started with mostly bulk sent sextortion emails and malware has now evolved into fake enterprises offering round-the-clock ‘customer support’ with dozens of websites and thousands of fake social media accounts used for promotion.”
The Crypto Scam Industry May Soon Be Worth $50 Million Per Year
This apparent increase in professionally built, socially-engineered cyberattacks appears to also have dramatically increased the amount of money that hackers have managed to abscond with.
Indeed, Whale Alert’s report found that scammers’ BTC income appears to have surged throughout the first six months of this year.
Source: Whale Alert
“So far we have been able to confirm 38 million US dollars in bitcoin alone stolen by scammers over the past 4 years (excluding Ponzi schemes, which are a billion-dollar industry on their own),” the report said: “$24 million of which [were stolen] during the first 6 months of 2020.”
At the moment, Whale Alert seems to believe that this will only get worse “by the end of 2020, we predict [the crypto scam market] will have grown over twenty-fold since 2017 to an annual revenue of at least 50 million US dollars.”
Quashing the Growth of the Crypto Scam Industry
Can anything be done to stop the growth of the cryptocurrency scam market?
It seems that yes, falling victim to these kinds of scams is certainly preventable: the social media platforms that are being used to spread these scams are certainly taking action.
Twitter, for example, told users that “we’re accelerating several of our pre-existing security workstreams and improvements to our tools. We are also improving our methods for detecting and preventing inappropriate access to our internal systems and prioritizing security work across many of our teams.”
We’re accelerating several of our pre-existing security workstreams and improvements to our tools. We are also improving our methods for detecting and preventing inappropriate access to our internal systems and prioritizing security work across many of our teams.
Other platforms, including Youtube, appear to have taken the approach of quickly responding and removing fraudulent cryptocurrency-related accounts and videos.
Additionally, regulators and law enforcement agencies around the world seem to be continuously learning and developing strategies for dealing with crypto-related fraud.
The Ultimate Responsibility for Cryptocurrency Safety May Lie With the Crypto Community as a Whole
However, Whale Alert alleges that the primary responsibility of fraud prevention at the moment lies with the cryptocurrency community.
For example, while crypto giveaway scams may appear to only affect the most gullible among us, legitimate blockchain and cryptocurrency platforms often hold legitimate crypto giveaways.
Therefore, “established blockchain companies play a big role in normalizing the idea of free money through giveaways and should be more thoughtful about what message they carry outwards and stop with these kinds of promotions altogether,” Whale Alert argues.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
The US Wants Crypto Innovation: So Why Is It Still Regulating with an Orange-Era Test?
Featured Videos
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
