NewEra Exchange has received a securities fraud warning from the Alberta Securities Commission (ASC).

As per ASC’s May 4th NewEra Exchange fraud warning;

New Era Global Holdings Inc. is not registered to trade in or advise on securities or derivatives in Alberta.

It is recommended that investors should not deal or engage with firms that are not registered as there is no assurance of any investor protections.

Offering unregistered securities to Alberta residents violates provincial financial law (securities fraud).

NewEra Exchange is an MLM “click a button” app Ponzi run by Chinese scammers. BehindMLM has documented hundreds of the scams since they first emerged back in 2021.

NewEra Exchange’s “click a button” Ponzi ruse is trading signals, purportedly provided by D.E. Shaw Group (aka DE Shaw & Co):

D.E. Shaw Group is an actual multinational investment management firm headquartered in New York City. NewEra Exchange misappropriates the firm’s name to defraud consumers.

Further efforts to defraud consumers see NewEra Exchange misrepresent a Canadian shell company and FinCEN MSB registration as regulatory compliance:

Shell companies registered in any country are meaningless due to the ease with which scammers register them with bogus details.

FinCEN is not a financial regulator. Anyone can register a shell company with FinCEN and receive a meaningless MSB certificate. This is a common tactic used by scammers.

NewEra Exchange operates illegally in Canada and any other country it solicits investment in.

Outside of Canada, Washington’s Department of Financial Institutions issued a NewEra Exchange fraud warning on February 3rd, 2026.

 

Update 22nd May 2026 – ASC has deleted its original NewEra Exchange fraud warning. A second fraud warning naming “New Era Crypto Exchange” was issued on May 13th, 2026.