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CFTC Charges Bogus Digital Asset Platform with Fraud and Misappropriation in an Online Romance Scam
The Commodity Futures Trading Commission today announced it filed a civil enforcement action in the U.S. District Court for the District of Arizona against Debiex. The complaint alleges Debiex used popular romance scam tactics to fraudulently misappropriate $2.3 million in customer funds intended for digital asset commodity trading. The CFTC’s complaint alleges Debiex’s unidentified officers and/or managers cultivated friendly or romantic relationships with potential customers by communicating falsehoods to gain trust, and then solicited them to open and fund trading accounts with Debiex. From approximately March ... (full story)