- March 17, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
A US federal judge found the CFTC had shown that Debiex, which marketed itself as a crypto platform, was actually a romance scam that stole around $2.3 million.
Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring.
Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment in its case and ordered Debiex to pay back around $2.26 million it stole from its customers, along with a civil penalty of nearly $221,500.
Judge Rayes said there was no evidence that Debiex’s failure to respond to the CFTC was the result of “excusable neglect.”
