星桥资本伦敦金爆仓风波：部分投资人USDT入金面临巨额亏损

Odaily Planet Daily News: StarBridge Capital (SBCFX) has experienced an abnormal liquidation event in London gold trading. Following the incident, the platform's Hong Kong office has been vacated, leaving some investors facing massive losses. According to multiple investors, their automated trading of London gold (XAUUSD) derivatives through the StarBridge Capital platform encountered extreme abnormal trading on the evening of August 19: the system automatically generated large short positions within just 1 to 3 seconds, followed by a rapid surge in international gold prices, resulting in widespread account liquidations. Some accounts were wiped out to zero, and others even fell into negative balances.

The so-called London gold liquidation refers to the trading risk where the direction of a trade runs counter to gold price movements, and due to factors such as leverage, losses become so large that the available margin in an investor's account is exhausted, falling below the maintenance margin requirement, leading to forced position closure by the platform and total loss of principal. Affected investors estimate that approximately 2,000 to 3,000 people are involved in this incident, including a large number of mainland Chinese investors. At present, some investors have filed reports with Hong Kong police and are demanding that the platform refund 70% of their principal in accordance with its previously promised "maximum loss of 30%" rule. Some investors stated that StarBridge Capital offers leverage of up to 500x, and that part of the funds were deposited via the USDT stablecoin, making it more difficult to trace the funds.

Public information shows that StarBridge Capital's business scope covers forex, commodities, indices, cryptocurrencies, and more, and it publicly claims to be a licensed and compliant international trading platform. (Caixin)