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Forthright Chinese: case file from our team
Cryptoblackbird tracks brokers and platforms that surface on regulator warning lists and in victim reports. Forthright Chinese is one of them. Below is our review of the operator and guidance for recovering money already paid in.
Reported activity
Forthright Chinese has been flagged as a fake broker/platform by IOSCO I-SCAN (Hong Kong – Securities and Futures Commission). reported 2023-11-20. Jurisdiction: Hong Kong. It appears on an official regulator or fraud-warning list, which is a strong indicator of a scam operation. Treat any contact from this entity with caution. Reference: https://www.iosco.org/i-scan/
How this operation typically works
- A dashboard shows fast, unrealistic profits to encourage larger and larger deposits, while the underlying funds are never actually invested.
- Support goes quiet, contact numbers stop working, or the website disappears once a withdrawal is requested.
- New deposits are requested through crypto, wire, or gift cards — channels that are hard to reverse once funds leave your account.
- Account managers apply pressure — urgency, bonuses, or threats of “losing your position” — to keep you paying in.
Recovering funds sent to Forthright Chinese
Believe you have been affected by Forthright Chinese? Open a case with the Cryptoblackbird recovery team — we will review the details and reach out to you directly. Start your case review.