The CFTC has filed a complaint against Debiex, a shadowy cryptocurrency platform whose precise location and executives are unknown. The company’s employees primarily targeted Chinese Americans, and used common romance scam techniques: first striking up a friendship or romantic relationship with the victim, then convincing them that they could earn huge profits by putting money on Debiex.Debiex, however, only resembled a cryptocurrency trading platform. In reality, the website merely mimicked a trading platform, and the funds supposedly deposited there for trading purposes were taken by Debiex.The CFTC identified five victims who were allegedly defrauded of a combined $2.3 million.

Total loss estimated at $2,300,000.