A group of employees at Trive's Latin American division publicly accused the CFD broker of withholding salaries for over five months by taking control of its LinkedIn page. The staff claimed they exhausted internal resolution channels before resorting to transparency as their final option. The incident follows the UK Financial Conduct Authority's (FCA) recent permanent ban of Trive's owner, Kasim Garipoglu, for regulatory misconduct spanning over a decade. Despite a termination letter confirming some staff were let go in January 2026 with outstanding payments, the company has failed to settle wages or communicate with employees, raising concerns about corporate governance and financial accountability. This crisis highlights risks for forex brokers operating in regions with weaker regulatory oversight, particularly in the MENA market where trust in foreign financial institutions is already fragile. Traders should monitor regulatory actions against Trive and potential legal repercussions that could impact forex market stability.
They Allegedly Weren't Paid for 5 Months - So They Took Over the Broker's LinkedIn Page
A group of employees at Trive's Latin American division publicly accused the CFD broker of withholding salaries for over five months by taking control of its Li
ForexEF
2026-03-17
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