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SpotOption's Offices in Israel Raided by the FBI
International cooperation in the war on binaries has reached a new high. Last week, the FBI and Israeli Police paid a visit to the offices of SpotOption.
Unscheduled visits by law enforcement to collect evidence are generally considered to be raids, but the owner of Spot Option claimed the surprise visit wasn't really a raid.
The FBI's interest seems to be centered on gathering evidence regarding Lee Elbaz, the CEO of Yukom. Yukom ran BinaryBook and BigOption. There are allegations that the SpotOption trading platform used by the brokers manipulated trade outcomes. Ms. Elbaz was arrested by the FBI for wire fraud charges when she flew to the US in September.
SpotOption is one of the biggest platform providers for binary options.
You can read more about the FBI raid on Spot Option here...
And about the arrest of Lee Elbaz here...