Cash FX Group S.A.

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CFTC sues Cash FX over alleged $950 million forex Ponzi scheme

As of September 2026: Named defendant; legally dissolved in Panama October 2022

The Commodity Futures Trading Commission filed suit September 24 accusing Cash FX Group S.A. of running a $950 million multilevel marketing Ponzi scheme. The Panama-incorporated company promised more than 400,000 account holders up to 15% weekly returns from forex trading run by professionals using proprietary algorithms and artificial intelligence.

Updated Sep 27