People can get conned, even bright people can have too much confidence.. These Israeli scammers are experts at it.
Do the basic research on how binary options was tackled in Israel (eventually). Of course they guys just moved out to other jurisdictions.
https://www.timesofisrael.com/13-sickening-truths-about-israels-huge-binary-options-fraud/
https://www.timesofisrael.com/topic/binary-options/
The few decent people & level headed victims who campaigned against it will have better info on what works. Class actions, FBI etc. Seek them out.
I don't think it's bright doing business with financial institutions based in Cyprus , this situation as it were has been going on for many years now, yes even bright people get caught out , but not as often and not by firms based in places like Cyprus.
