Broker Contract Breach Case

On * January *, investor transferred *,* USD to the broker towards investments in the cryptocurrency market. The transfer was made from the investors Private Navy Federal account to the Brokers Private Navy Federal Account. The investor can add to this balance at any time, once they do so a new modified agreement will be made. The broker will trade the invested funds in the cryptocurrency market by performing Long and Short trades. The investor agrees to pay a fee of *% of his profits to the broker on a monthly basis. (the monthly calculations will fall on the 8th of every month) *% fee will be automatically deducted from the profits. This agreement is set to a *-month time, if the investor wishes to terminate this contract the investor “must” notify the broker in email form 30 days prior to termination. Once the account is terminated all funds will be transferred back to the investor. If the broker is not notified 30 days prior to the contract termination date, this agreement will automatically renew for an additional *-month time. If the investor wishes to make a withdrawal from their account it must first be open for a minimum of 30 days. After the initial 30 days have passed the investor must contact the IC via email. All withdrawal requests must be given 7 days ahead of time. If at any time the investor decides to liquidate and withdraw all of their assets it will be considered an account termination and processed as stated above. The investor will also provide if they wish to have the withdrawal sent in USD for Crypto form. The broker is to provide a weekly report generated sent to the investor by 2300hrs after close of business sent to ) Disclaimer: • Past performance is not a guide to future performance. • Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains.

no because he blocked me on facebook

no because i was on a deployment.im a full time military that time

right now im in okinawa japan

no,but he said in the contract that he will provide a weekly report which he never sends or told to me

he currently live in okinawa japan now too

none at all

yes i have a copy of the bank transfer to his navyfed account

yes i have his full name and his contact details

january * *,do you think its still valid to make reports on this?

10 years

why do you think that its crucial for filing a complaint or legal action?please emphasize

with all the details i had given to you,do you think my case is strong if i take legal action on this ?

not at all

*,*$

none

why?

I am reaching out regarding the missing payout of my investment account last officially valued at $*,* from your business, Crypto Solutions Asia. It is evident that you have failed to uphold your end of the deal despite having ample opportunity to make the appropriate transaction. I had requested to terminate this account within the specifications of the contract. I had been directly notified by you that you were working to get me paid out, yet despite having multiple available methods to contact me, you had eventually grown silent and ignored both my attempts to contact you and your contractual obligations. I am owed $*,*. You have the ability to transfer that money via Navy Federal Credit Union to my bank account. You can easily find my account at transfer via this email, stevensessoms0301@gmail.com. If you transfer this amount of money that I am owed, then you have upheld your end of the deal. If you transfer any less than this amount of money prior to September 22nd of this year, then I will have no choice but to immediately contact NCIS/CID Okinawa, Japan and the Logistics Group Office of the Inspector General to investigate the matter and determine if you must receive charges or if it is necessary to terminate employment in your current capacity where you may negatively impact the financial well-being other service members. I am aware that I am not the only service member whose contract has been breached by your investment business. I am sending this notification to give you an easy solution. Transfer the $*, * to my account so that I will be given back what is mine. I will not consider any other outcome to be satisfactory.

can you see if my demand letter is okay or threatening that they might use against us

I am reaching out regarding the missing payout of my investment account last officially valued at $*,* from your business, Crypto Solutions Asia. It is evident that you have failed to uphold your end of the deal despite having ample opportunity to make the appropriate transaction. I had requested to terminate this account within the specifications of the contract. I had been directly notified by you that you were working to get me paid out, yet despite having multiple available methods to contact me, you had eventually grown silent and ignored both my attempts to contact you and your contractual obligations. I am owed $*,*. You have the ability to transfer that money via Navy Federal Credit Union to my bank account. You can easily find my account at transfer via this email, stevensessoms0301@gmail.com. If you transfer this amount of money that I am owed, then you have upheld your end of the deal. If you transfer any less than this amount of money prior to September 22nd of this year, then I will have no choice but to immediately contact NCIS/CID Okinawa, Japan and the Marine Logistics Group Office of the Inspector General to investigate the matter and determine if you must receive charges or if it is necessary to terminate employment in your current capacity where you may negatively impact the financial well-being other service members. I am aware that I am not the only service member whose contract has been breached by your investment business. I am sending this notification to give you an easy solution. Transfer the $*, * to my account so that I will be given back what is mine. I will not consider any other outcome to be satisfactory.

none

sid legazpi, *,okinawa hjapan

im still trying to reached on him first. and if he fails to message me back via email then ill do legal action. but based on what i had send you does my demand letter a good one? will he use that email against me and sue me for harrasment or threatening?

no

still planning