Trust Your Universe has received a securities fraud warning from Austria’s Financial Market Authority.

As per the
FMA’s March 17th warning
;

Danger! The FMA warns against doing business with: Universe Trading LLC / Trust Your Universe

This provider is not authorized to provide banking transactions in Austria that require a license.

The provider is therefore not permitted to trade on its own account or for the account of a third party.

The FMA cites website domains associated with Trust Your Universe as:

tyu-trade.com

tyu-trade.at

trust-your-universe.de

trustyouruniverse.at

trustyouruniverse.org

trust-your-universe.net

ty-at

tyu-trade.de

tyu-trading.de and

portal.tyu-trade.com

Trust Your Universe is a Dubai-based MLM crypto Ponzi run by German national Dada Pey.

FMA’s warning is in line with
BehindMLM’s Trust Your Universe review
, published October 2022.

As of October 2022, 100% of Trust Your Universe’s website traffic originated from Indonesia.

Since then, Trust Your Universe recruitment in Indonesia has collapsed. Today SimilarWeb tracks a continuing overall decline in Trust Your Universe website traffic.

As of February 2023, top sources of Trust Your Universe website traffic are:

Switzerland – 55%, up 40% month on month

Germany – 36%, down 50% month on month

Ireland – 5%, no change

Austria – 4%, down 57% month on month

From this we can conclude that Trust Your Universe recruitment in Germany and Austria has also collapsed. New victims are being recruited in Switzerland, outside of which there isn’t much going on.

One other notable change is Trust Your Universe shifting shell incorporation to Thailand.

Last October Trust Your Universe represented it was run through Universe Trading LLC, a St. Vincent and the Grenadines shell company.

While St. Vincent and the Grenadines is still cited in the footer of Trust Your Universe’s website…

We, Universe Trading LLC (“TrustYourUniverse”), are providing brokerage services and can do so as set by the Government of St. Vincent and Grenadines regulations.

…an address in Thailand is now provided for Universe Trading LLC. Whether this change is related to a regulatory crackdown or not is unclear.

Another entity to note is “A-Book Broker LLP”.

TrustYourUniverse is operated by Universe Trading LLC which is the primary service provider and website operator.

We are contracting with A-Book Broker LLP, which is providing all services relating to trading / MT5 access / to carry out trading services that we offer.

A-Book Broker LLP is regulated by the Ministry of Finance (License No. KZ25UWX00002083), authorizing the company to provide Prime Brokerage Services and Straight-Through Processing.

A-Book Broker LLP appears to be a shell company set up in Kazakhstan. A-Book Broker LLP’s website domain was only recently registered on October 6th, 2022.

Things get even more murky when A-Book Broker LLP refers to itself as “BlackGateBroker” on its website.

BlackGateBroker is a fully licen

🤖 Quick Answer

What is Trust Your Universe and why did Austria's FMA issue a warning?
Trust Your Universe, operated by German national Dada Pey from Dubai, is an unauthorized financial services provider operating as a multilevel marketing cryptocurrency scheme. Austria's Financial Market Authority issued a warning on March 17th because the entity lacks proper licensing to conduct banking transactions or securities trading in Austria.

Which websites are associated with Trust Your Universe according to the FMA?
The Financial Market Authority identified multiple domains linked to Trust Your Universe, including tyu-trade.com, tyu-trade.at, trust-your-universe.de, trustyouruniverse.at, trustyouruniverse.org, trust-your-universe.net, tyu-trade.de, tyu-trading.de, and portal.tyu-trade.com.

**What specific violations did Austria's FMA cite against Trust Your Universe?

🔗 Related Articles

- Trust Your Universe securities fraud warning from Germany
- MainetX Review: Ciprian Ciceu’s fifth Ponzi reboot
- Degen Protocol collapses, GOAT token Ponzi reboot
- OmegaPro added to France’s fraud blacklist
- Driven Trading merged with IX Global Ponzi scheme