CFTC Files Action Against Debiex: Alleged .3 Million Crypto Scam

The U.S. Commodities Futures Trading Commission (CFTC) has initiated a civil enforcement action against Debiex, accusing the fraudulent crypto exchange of misappropriating $2.3 million in customer funds through romance scam tactics. The CFTC alleges that Debiex used fake websites, bogus customer service, and money mules to convince victims of its legitimacy. The enforcement action targets Debiex and its associates, aiming to bring justice to the victims and hold those violating anti-fraud provisions accountable. The CFTC also emphasized the importance of verifying a company’s registration with them to avoid falling prey to scams. (Source: