Residents of Florida, Louisiana, and Arkansas Sued by CFTC for Crypto Scheme



The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against individuals and their organization, Fundsz, for their involvement in a deceptive scheme related to cryptocurrencies and precious metals trading. The defendants are accused of misleading investors with promises of high returns based on a proprietary algorithm. The CFTC alleges that Fundsz did not actually trade customer funds and that the entire venture was built on fabricated profits and false claims.
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