In July 2024, Piranha Pte Ltd commenced legal action against Mr. Chang Ee Yjourn and ApexCatalyst Pte Ltd regarding a copyright infringement dispute. The legal action has been settled out of court on 25 October 2024, with Piranha Pte Ltd receiving nominal compensation from Mr. Chang Ee Yjourn and ApexCatalyst Pte Ltd, and the removal of the disputed content from Mr. Chang Ee Yjourn’s course.
The full message signed by both parties is as follows:
- On 3-4 & 10-11 September 2022, Chang Ee Yjourn (“CEY”) attended the XSPY Trader and Price Action Manipulation Courses (collectively, the “Piranha Profits Courses”) conducted by Piranha Pte Ltd (“Piranha Profits”). The Piranha Profits Courses were created by Mr. Alson Chew Ming Yong in 2016. As a student of the Piranha Profits Courses, CEY gained access to the course materials.
- CEY is the creator and teacher of the course provided by ApexCatalyst Pte Ltd (“ApexCatalyst”) titled “Identifying Market Manipulation Course” (the “ApexCatalyst Course”) since 2023.
- A copyright infringement dispute has arisen between Piranha Profits, CEY and ApexCatalyst on the use of expressions of strategies in Annex A.
- This legal action has been settled out of Court on terms, which include the removal of certain expressions and nominal compensation.
An extract of Annex A can be found at the end of this statement.
Alson Chew, a long-time trading mentor with Piranha Profits®, is the original creator of the Price Action Manipulation™ (PAM™) trading strategies since 2016. The PAM™ strategies were developed based on his former experience as an award-winning senior trader at a proprietary trading desk.
As the pioneer of this approach, Alson is uniquely qualified with the insider knowledge and market expertise to teach traders how to apply PAM™ strategies effectively across various market conditions.
Alson has been teaching the XSPY Trader™ masterclass since 2016, and the Price Action Manipulation™ (PAM™) courses since 2021. He is the first trading mentor in Singapore to teach retail traders how to identify and profit from market manipulation patterns.
At Piranha Profits®, we remain committed to delivering exceptional financial education through unique strategies and value-driven content crafted by our 7-figure investing & trading mentors.
We take a firm stand against any unauthorized use of our intellectual property and encourage our students to learn from mentors with proven expertise and long-term results.
We appreciate the continued support from our student community as we uphold the quality and integrity of our offerings.
Thank you for standing with us.
Click here to learn more about Alson Chew and his proprietary Price Action Manipulation™ strategies.
Extract of Annex A
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