
CFTC Charges Scam Crypto Broker Platform with Fraud and Misappropriation in an Online Romance Scam
The U.S. Commodity Futures Trading Commission (CFTC) announced a civil enforcement action against Debiex, a digital asset platform, accusing it of conducting a romance scam. The CFTC alleges that Debiex deceived about five victims, primarily targeting Asian Americans, leading to a loss of $2.3 million. The scheme involved establishing romantic or friendly relationships to build trust and then luring victims into opening and funding Debiex trading accounts.