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CFTC Sues Cash FX Over Alleged $950M Crypto-Linked Forex Scheme

The CFTC sued Cash FX over an alleged $950 million crypto-linked forex scheme, claiming the company conducted minimal trading and misappropriated most participant funds, according to Cointelegraph.

Cointelegraph 2026-09-26 06:59 36 unique views

CFTC Sues Cash FX Over Alleged $950M Crypto-Linked Forex Scheme

The U.S. Commodity Futures Trading Commission has sued Cash FX, alleging the company operated a crypto-linked foreign exchange scheme involving approximately $950 million. According to the CFTC, Cash FX conducted minimal forex trading while misappropriating most of the funds provided by participants. The allegations were reported by Cointelegraph on September 26, 2026. The case places scrutiny on Cash FX’s handling of participant funds and its claimed trading activity. The allegations have not been established as facts in court.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.

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CFTC Sues Cash FX Over Alleged $950M Crypto-Linked Forex Scheme

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