ANSWER Dear Investor,
We strongly advise caution as Koddpa appears to be a highly suspicious and potentially deceptive platform.
While Koddpa was reportedly only registered with the U.S. Financial Crimes Enforcement Network (FinCEN), it is important to note that such registration merely indicates compliance with the Money Services Business (MSB) requirements and does not imply regulation or authorization for foreign exchange trading. FinCEN does not oversee or regulate FX trading activities, and therefore, this registration does not serve as a safeguard for investors.
Moreover, the platform’s official website, https://www.koddpa.com, is currently inaccessible — a common red flag often associated with regulatory violations or operational instability.
Given these clear warning signs, this broker looks extremely dangerous. We strongly recommend avoiding any trading activities or financial engagement with Koddpa.
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