The U.S. Commodity Futures Trading Commission (CFTC) has labelled Debiex as a "bogus digital asset platform" and filed civil charges against the cryptocurrency exchange for the alleged misappropriation of funds. The regulator claims that senior staff members at Debiex orchestrated romantic relationships with potential customers to gain their trust, ultimately convincing them to open accounts with the exchange. Despite assuring customers that their funds would be invested in cryptocurrencies, the CFTC alleges that the funds were instead misused for personal gain. The charges highlight a case of deceptive practices, with the CFTC estimating losses of $2.3 million.