CFTC sues Cash FX over alleged $950M crypto-linked forex fraud
- —CFTC filed suit against Cash FX over an alleged $950M fraud
- —The scheme linked cryptocurrency with forex trading
- —US regulator accuses the project of defrauding investors
Why it matters: The case adds pressure on crypto schemes disguised as forex trading and signals a rise in CFTC enforcement actions.
Source: Google News (crypto query)