Audit log

Every state-changing event for CryptoFX LLC: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-09-17 17:11:12Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 447,848,861

   sig

   3JPmwgSMFmS3…Avd7WeS4copyexplorer ↗

   hash

   47ibLhUiXzcK…18WJwwamcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (26143 B) ▸

   {"actor":"system:backfill","investigation_id":"34d45c37-0a25-4f05-b638-225cfbaea128","kind":"publish","page_slug":"cryptofx-llc","published_at":"2026-09-17T17:11:12.057Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"CryptoFX LLC","sections":[{"content":"CryptoFX LLC was founded in February 2020 by Mauricio Chavez, who co-operated the entity with Giorgio Benvenuto. According to the SEC's complaint, Chavez began holding paid classes priced between $499 and $1,499 ostensibly to educate and empower the Latino community to build wealth through cryptocurrency trading. The SEC alleges Chavez had no background, education, or training in investments or cryptocurrency. The educational seminars allegedly served as conduits for soliciting investors to entrust funds to CryptoFX for purported crypto asset and foreign exchange trading. The scheme is alleged to have raised more than $300 million from approximately 40,000 investors across ten states and two foreign countries between May 2020 and October 2022. According to the SEC's complaint, the defendants did not use most of the raised funds for their claimed trading purposes; instead, investor money was allegedly used to make Ponzi payments to earlier investors, pay commissions and bonuses to network leaders, and fund the personal lifestyles of the principals.","heading":"Scheme Overview and Founding","severity":"critical","sources":[{"credibility":1,"name":"SEC Press Release: SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi Scheme Targeting the Latino Community","type":"regulatory","url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"credibility":1,"name":"SEC Litigation Release LR-25547: Mauricio Chavez, et al.","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"credibility":2,"name":"Houston Public Media: Latino families say they were scammed out of millions by a Houston-based crypto company","type":"news_article","url":"https://www.houstonpublicmedia.org/articles/finances/2022/12/14/439504/latino-families-say-they-were-scammed-out-of-millions-by-a-houston-based-crypto-company/"}]},{"content":"The SEC's complaint in case 4:22-cv-03359 (S.D. Tex.) alleges that Chavez and Benvenuto used more than 90 percent of investor funds collected from thousands of early investors for purposes unrelated to cryptocurrency trading. Specifically, the complaint alleges Chavez diverted approximately $8 million through CBT Group LLC, a real estate entity co-owned by Benvenuto, to fund real estate purchases, title company fees, and construction payments. The complaint also alleges that Chavez spent investor funds on luxury cars, credit card payments, jewelry, adult entertainment (reportedly over $15,000), and a house purchased in his wife's name. The principals are alleged to have made approximately $2.7 million in Ponzi payments to investors while diverting close to $8 million for personal use from the initial phases of the scheme. As the scheme expanded to a reported $300 million total raised, new investor funds were used to pay supposed returns to earlier investors, sustaining the structure characteristic of a Ponzi scheme. These are allegations from the SEC's complaint; no criminal conviction of Chavez or Benvenuto has been reported in the sources reviewed.","heading":"Alleged Misuse of Investor Funds","severity":"critical","sources":[{"credibility":1,"name":"SEC Litigation Release LR-25547: Mauricio Chavez, et al.","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"credibility":2,"name":"Houston Public Media: Latino families say they were scammed out of millions by a Houston-based crypto company","type":"news_article","url":"https://www.houstonpublicmedia.org/articles/finances/2022/12/14/439504/latino-families-say-they-were-scammed-out-of-millions-by-a-houston-based-crypto-company/"}]},{"content":"The SEC has characterized the CryptoFX scheme as an affinity fraud — a form of investment fraud that exploits the trust and camaraderie present within identifiable groups. The scheme specifically targeted the Latino community in the United States, operating across ten states including Texas, California, Louisiana, Illinois, and Florida, as well as investors in two foreign countries. According to the SEC, defendants held community seminars in Spanish, leveraged social networks within Latino communities, and promoted the operation as a path to financial empowerment. Victim accounts reported in Houston Public Media and ABC13 describe investors contributing life savings based on promises of guaranteed high returns, with one family reportedly contributing $100,000. Victim Iliana Calles stated, according to Houston Public Media, that the operators 'knew how to manipulate people, they knew what groups to go after.' The scheme's reach across multiple states and countries and its focus on a vulnerable community are factors cited by the SEC's Fort Worth Regional Office in prioritizing the enforcement action.","heading":"Affinity Fraud and Community Targeting","severity":"high","sources":[{"credibility":1,"name":"SEC Press Release: SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi Scheme Targeting the Latino Community","type":"regulatory","url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"credibility":2,"name":"Houston Public Media: Latino families say they were scammed out of millions by a Houston-based crypto company","type":"news_article","url":"https://www.houstonpublicmedia.org/articles/finances/2022/12/14/439504/latino-families-say-they-were-scammed-out-of-millions-by-a-houston-based-crypto-company/"},{"credibility":2,"name":"The Block: SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors","type":"news_article","url":"https://www.theblock.co/post/282683/sec-charges-17-people-in-300-million-crypto-ponzi-scheme-targeting-latino-investors"}]},{"content":"On September 19, 2022, the SEC filed an emergency action in the U.S. District Court for the Southern District of Texas (Case No. 4:22-cv-03359) against Mauricio Chavez, Giorgio Benvenuto, CryptoFX LLC, and CBT Group LLC. At the SEC's request, the court issued a temporary restraining order halting the offering and freezing the defendants' assets. Following a hearing on September 29, 2022, the court also granted the SEC's motion for appointment of a court-supervised receiver and extended the asset freeze. John Lewis was appointed without bond as receiver for the estates of the receivership defendants. The court's emergency intervention effectively halted the CryptoFX operation, though subsequent enforcement actions revealed the scheme had expanded well beyond the initial complaint's scope of over 5,000 investors and $12 million to encompass approximately 40,000 investors and $300 million in total raised funds.","heading":"SEC Emergency Action and Asset Freeze (September 2022)","severity":"critical","sources":[{"credibility":1,"name":"SEC Litigation Release LR-25547: Mauricio Chavez, et al.","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"credibility":1,"name":"SEC Press Release: SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi Scheme Targeting the Latino Community","type":"regulatory","url":"https://www.sec.gov/newsroom/press-releases/2024-35"}]},{"content":"A judgment was entered as to defendant Mauricio Chavez on August 31, 2023, in the Southern District of Texas (Case No. 4:22-cv-03359, before Judge Andrew S. Hanen). A judgment was entered as to defendant Giorgio Benvenuto in February 2024, with an order granting a motion to bifurcate signed on February 26, 2024. The specific monetary amounts — disgorgement, prejudgment interest, and civil penalties — ordered in these judgments have not been independently confirmed in the sources reviewed for this investigation. These are civil SEC enforcement judgments; no criminal charges against Chavez or Benvenuto have been reported in the sources reviewed.","heading":"Judgments Against Principals Chavez and Benvenuto (2023–2024)","severity":"critical","sources":[{"credibility":1,"name":"CourtListener: Securities and Exchange Commission v. Chavez, 4:22-cv-03359","type":"court_filing","url":"https://www.courtlistener.com/docket/65388199/securities-and-exchange-commission-v-chavez/"},{"credibility":1,"name":"SEC Litigation Release LR-25547: Mauricio Chavez, et al.","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"}]},{"content":"On March 14, 2024, approximately 18 months after the emergency halt, the SEC filed a second complaint (Case No. 4:24-cv-00939, S.D. Tex.) charging 17 additional individuals who allegedly served as leaders within the CryptoFX sales network. The complaint charged six defendants — Gabriel Ochoa, Dulce Ochoa, Maria Saravia, Gloria Castaneda, Ismael Zarco Sanchez, and Roberto Zavala — with violating antifraud, securities-registration, and broker-registration provisions of federal securities laws. Eleven additional defendants — Gabriel Arguelles, Hector Aquino, Orlin Wilfredo Turcios Castro, Carmen De La Cruz, Elizabeth Escoto, Reyna Guiffaro, Marco Antonio Lemus, Juan Puac, Luis Serrano, Julio Taffinder, and Claudia Velazquez — were charged with securities-registration and broker-registration violations. Gabriel Ochoa was additionally charged with violating SEC Rule 21F-17(a), the whistleblower protection provision, for allegedly instructing two investors to retract statements previously made to the SEC and law enforcement in exchange for a promise to help recover their funds. Maria Saravia allegedly told investors the SEC's lawsuit was fake. The complaint alleges that Gabriel and Dulce Ochoa continued soliciting investors after the court-ordered halt in 2022. Two defendants, Luis Serrano and Julio Taffinder, consented to final judgments and agreed to pay a combined total of more than $68,000 in civil penalties, disgorgement, and interest. Litigation against the remaining defendants was ongoing as of the date of this investigation.","heading":"SEC Charges 17 Network Leaders (March 2024)","severity":"critical","sources":[{"credibility":1,"name":"SEC Press Release: SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi Scheme Targeting the Latino Community","type":"regulatory","url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"credibility":2,"name":"National Law Review: SEC's $300 Million Crypto Ponzi Scheme Case Includes Charges of Whistleblower Protection Violations","type":"news_article","url":"https://natlawreview.com/article/secs-300-million-crypto-ponzi-scheme-case-includes-charges-whistleblower-protection"},{"credibility":2,"name":"NewsFileCorp: SEC Charges 17 Individuals in $300 Million Crypto-Asset Ponzi Scheme","type":"news_article","url":"https://www.newsfilecorp.com/release/201798/SEC-Charges-17-Individuals-in-300-Million-CryptoAsset-Ponzi-Scheme-Targeting-the-Latino-Community"},{"credibility":1,"name":"Bloomberg Law: SEC Sues Alleged CryptoFX Scam Participants, Settles With Some","type":"news_article","url":"https://news.bloomberglaw.com/litigation/sec-sues-alleged-cryptofx-scam-participants-settles-with-some"}]},{"content":"After a four-day trial in the U.S. District Court for the Southern District of Texas, a jury on February 12, 2026 found defendant Ismael Zarco Sanchez liable for securities fraud and registration violations (Case No. 4:24-cv-00939). The SEC stated that Sanchez served as a lead salesperson for CryptoFX and led a Chicago-based office that raised tens of millions of dollars from investors. The jury's civil verdict — a finding of liability, not a criminal conviction — determined that Sanchez violated federal securities laws through fraudulent conduct and failure to properly register securities. This is an adjudicated civil finding of liability entered by a jury; it is not a criminal conviction. Penalty and disgorgement amounts to be imposed on Sanchez following the verdict had not been confirmed in available sources at the time of this investigation. The SEC's Acting Director of Enforcement Mark Cave stated, according to the Securities Docket, that the verdict sent a message to those who participate in Ponzi schemes targeting vulnerable communities.","heading":"Jury Verdict Against Ismael Sanchez (February 2026)","severity":"critical","sources":[{"credibility":1,"name":"SEC: Statement on Jury's Verdict in Trial of Ismael Sanchez","type":"regulatory","url":"https://www.sec.gov/newsroom/speeches-statements/ryan-statement-ismael-sanchez-021226"},{"credibility":2,"name":"Securities Docket: Statement on Jury's Verdict in Trial of Ismael Sanchez","type":"news_article","url":"https://www.securitiesdocket.com/2026/02/13/statement-on-jurys-verdict-in-trial-of-ismael-sanchez/"},{"credibility":2,"name":"Bitcoin.com News: Fraud Exposed: 40,000 Investors Caught in Crypto Ponzi as Jury Finds Sales Leader Liable","type":"news_article","url":"https://news.bitcoin.com/fraud-exposed-40000-investors-caught-in-crypto-ponzi-as-jury-finds-sales-leader-liable/"},{"credibility":1,"name":"SEC Litigation Release LR-25949: Ismael Zarco Sanchez, et al.","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25949"}]},{"content":"Following the September 2022 emergency action, a court-supervised receiver (John Lewis) was appointed to marshal assets on behalf of defrauded investors in Case No. 4:22-cv-03359. The official receiver website is cryptofxreceiver.com. As of August 2025, the receiver filed a motion with the court (Document 141, filed August 15, 2025) to approve a claims administration process. The claims portal was opened for investor submissions, with a deadline of January 25, 2026, for investors to submit claims with supporting documentation. The receiver has stated that sufficient funds have been collected to begin identifying investors, but it is too early to determine the per-investor recovery amount, and investors are not expected to be made whole. No distribution schedule had been announced as of early 2026. Investors and their representatives may contact the receiver at receivership@shb.com or via phone at (713) 546-5653.","heading":"Receivership and Investor Recovery","severity":"high","sources":[{"credibility":1,"name":"CryptoFX LLC Receiver Official Website","type":"official","url":"https://cryptofxreceiver.com/"},{"credibility":1,"name":"Receiver's Motion for Claims Administration Process (Doc. 141, Aug. 15, 2025)","type":"court_filing","url":"https://cryptofxreceiver.com/media/6178472/doc._141_-_receiver_s_motion_for_the_court_to_approve_claims_administration_process_and_brief_in_support_thereof.pdf"},{"credibility":3,"name":"Boccadutri: CryptoFX 2025 update: fund recovery and claims deadline","type":"other","url":"https://www.boccadutri.com/cryptofx-2025-update-fund-recovery-claims/"},{"credibility":3,"name":"Mondaq: CryptoFX: 2025 Update On Fund Recovery And Deadline For Claims","type":"other","url":"https://www.mondaq.com/italy/fin-tech/1707492/cryptofx-2025-update-on-fund-recovery-and-deadline-for-claims"}]}],"sources_used":[{"credibility":1,"name":"SEC Press Release 2024-35: SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi Scheme Targeting the Latino Community","type":"regulatory","url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"credibility":1,"name":"SEC Litigation Release LR-25547: Mauricio Chavez, et al. (September 2022 Emergency Action)","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"credibility":1,"name":"SEC: Statement on Jury's Verdict in Trial of Ismael Sanchez (February 12, 2026)","type":"regulatory","url":"https://www.sec.gov/newsroom/speeches-statements/ryan-statement-ismael-sanchez-021226"},{"credibility":1,"name":"SEC Litigation Release LR-25949: Ismael Zarco Sanchez, et al.","type":"regulatory","url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25949"},{"credibility":1,"name":"CourtListener: Securities and Exchange Commission v. Chavez, 4:22-cv-03359","type":"court_filing","url":"https://www.courtlistener.com/docket/65388199/securities-and-exchange-commission-v-chavez/"},{"credibility":1,"name":"Receiver's Motion for Claims Administration Process (Doc. 141, Aug. 15, 2025, Case 4:22-cv-03359)","type":"court_filing","url":"https://cryptofxreceiver.com/media/6178472/doc._141_-_receiver_s_motion_for_the_court_to_approve_claims_administration_process_and_brief_in_support_thereof.pdf"},{"credibility":1,"name":"CryptoFX LLC Receiver Official Website","type":"official","url":"https://cryptofxreceiver.com/"},{"credibility":1,"name":"Bloomberg Law: SEC Sues Alleged CryptoFX Scam Participants, Settles With Some","type":"news_article","url":"https://news.bloomberglaw.com/litigation/sec-sues-alleged-cryptofx-scam-participants-settles-with-some"},{"credibility":2,"name":"The Block: SEC charges 17 people in $300 million crypto Ponzi scheme targeting Latino investors","type":"news_article","url":"https://www.theblock.co/post/282683/sec-charges-17-people-in-300-million-crypto-ponzi-scheme-targeting-latino-investors"},{"credibility":2,"name":"NewsFileCorp: SEC Charges 17 Individuals in $300 Million Crypto-Asset Ponzi Scheme Targeting the Latino Community","type":"news_article","url":"https://www.newsfilecorp.com/release/201798/SEC-Charges-17-Individuals-in-300-Million-CryptoAsset-Ponzi-Scheme-Targeting-the-Latino-Community"},{"credibility":2,"name":"Securities Docket: Statement on Jury's Verdict in Trial of Ismael Sanchez","type":"news_article","url":"https://www.securitiesdocket.com/2026/02/13/statement-on-jurys-verdict-in-trial-of-ismael-sanchez/"},{"credibility":2,"name":"Bitcoin.com News: Fraud Exposed: 40,000 Investors Caught in Crypto Ponzi as Jury Finds Sales Leader Liable","type":"news_article","url":"https://news.bitcoin.com/fraud-exposed-40000-investors-caught-in-crypto-ponzi-as-jury-finds-sales-leader-liable/"},{"credibility":2,"name":"National Law Review: SEC's $300 Million Crypto Ponzi Scheme Case Includes Charges of Whistleblower Protection Violations","type":"news_article","url":"https://natlawreview.com/article/secs-300-million-crypto-ponzi-scheme-case-includes-charges-whistleblower-protection"},{"credibility":2,"name":"Houston Public Media: Latino families say they were scammed out of millions by a Houston-based crypto company","type":"news_article","url":"https://www.houstonpublicmedia.org/articles/finances/2022/12/14/439504/latino-families-say-they-were-scammed-out-of-millions-by-a-houston-based-crypto-company/"},{"credibility":2,"name":"The Hill: SEC charges 17 individuals for alleged $300M Ponzi scheme targeting Latino community","type":"news_article","url":"https://thehill.com/business/4533208-sec-charges-individuals-alleged-ponzi-scheme-targeting-latino-community/"},{"credibility":2,"name":"CryptoTimes: SEC Charges 17 Individuals in $300M CryptoFX Ponzi Scheme","type":"news_article","url":"https://www.cryptotimes.io/2024/03/15/sec-charges-17-individuals-in-300m-cryptofx-ponzi-scheme/"},{"credibility":3,"name":"Boccadutri: CryptoFX 2025 update: fund recovery and claims deadline","type":"other","url":"https://www.boccadutri.com/cryptofx-2025-update-fund-recovery-claims/"},{"credibility":3,"name":"Mondaq: CryptoFX: 2025 Update On Fund Recovery And Deadline For Claims","type":"other","url":"https://www.mondaq.com/italy/fin-tech/1707492/cryptofx-2025-update-on-fund-recovery-and-deadline-for-claims"},{"credibility":1,"name":"Santa Monica Government Consumer Alert: CryptoFX Ponzi Scheme","type":"official","url":"https://www.santamonica.gov/press/2023/03/07/santa-monica-issues-a-consumer-alert-about-crypto-ponzi-scheme-targeting-latino-investors"},{"credibility":2,"name":"PYMNTS: SEC Charges 17 in Alleged Ponzi Scheme Involving CryptoFX","type":"news_article","url":"https://www.pymnts.com/cryptocurrency/2024/sec-charges-17-in-alleged-ponzi-scheme-involving-cryptofx"}],"summary":"CryptoFX LLC was a Houston, Texas-based company that the SEC has alleged operated a $300 million Ponzi scheme from approximately May 2020 to October 2022, targeting over 40,000 predominantly Latino investors across ten U.S. states and two foreign countries. The scheme purported to generate returns of 15 to 100 percent through cryptocurrency and foreign exchange trading but instead used investor funds to make Ponzi payments, pay commissions, and finance the personal expenses of its principals and network leaders. The SEC halted operations via emergency action in September 2022; a court-appointed receiver is administering recovery proceedings, and enforcement actions against 19 individuals and the company itself have resulted in judgments and ongoing litigation as of 2026.","timeline":[{"date":"2020-02","event":"CryptoFX LLC founded in Houston, Texas by Mauricio Chavez. The company began offering paid educational classes on cryptocurrency trading to the Latino community, priced between $499 and $1,499.","source":"SEC Litigation Release LR-25547","source_url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"date":"2020-05","event":"The SEC's complaint alleges the fraudulent scheme began in approximately May 2020, with the CryptoFX network soliciting investor funds under promises of 15 to 100 percent returns.","source":"SEC Press Release 2024-35","source_url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"date":"2022-09-19","event":"The SEC filed an emergency action (Case No. 4:22-cv-03359, S.D. Tex.) against Mauricio Chavez, Giorgio Benvenuto, CryptoFX LLC, and CBT Group LLC, alleging an ongoing Ponzi scheme that had raised over $12 million from more than 5,000 investors.","source":"SEC Litigation Release LR-25547","source_url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"date":"2022-09-29","event":"Following a court hearing, the court granted the SEC's motion for a court-appointed receiver and extended the asset freeze. John Lewis was appointed receiver for the CryptoFX and CBT Group estates.","source":"SEC Litigation Release LR-25547","source_url":"https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25547"},{"date":"2022-10","event":"CryptoFX operations ceased. Post-halt investigation revealed the scheme's total scope was approximately $300 million raised from 40,000 investors — substantially larger than initially identified.","source":"SEC Press Release 2024-35","source_url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"date":"2022-12-14","event":"Houston Public Media and local Houston news outlets published victim accounts from Latino families who reported losing life savings to CryptoFX.","source":"Houston Public Media","source_url":"https://www.houstonpublicmedia.org/articles/finances/2022/12/14/439504/latino-families-say-they-were-scammed-out-of-millions-by-a-houston-based-crypto-company/"},{"date":"2023-03-07","event":"City of Santa Monica issued a consumer alert about the CryptoFX Ponzi scheme targeting Latino investors.","source":"Santa Monica Government Press Release","source_url":"https://www.santamonica.gov/press/2023/03/07/santa-monica-issues-a-consumer-alert-about-crypto-ponzi-scheme-targeting-latino-investors"},{"date":"2023-08-31","event":"A judgment was entered against principal defendant Mauricio Chavez in the Southern District of Texas.","source":"CourtListener: SEC v. Chavez, 4:22-cv-03359","source_url":"https://www.courtlistener.com/docket/65388199/securities-and-exchange-commission-v-chavez/"},{"date":"2024-02-26","event":"Judge Andrew S. Hanen signed an order granting a motion to bifurcate in the case of defendant Giorgio Benvenuto, with a judgment entered against Benvenuto around this date.","source":"CourtListener: SEC v. Chavez, 4:22-cv-03359","source_url":"https://www.courtlistener.com/docket/65388199/securities-and-exchange-commission-v-chavez/"},{"date":"2024-03-14","event":"The SEC filed a second complaint (Case No. 4:24-cv-00939, S.D. Tex.) charging 17 additional individuals who led the CryptoFX sales network. Six were charged with antifraud and securities violations; 11 with registration violations; one (Gabriel Ochoa) additionally with whistleblower protection violations.","source":"SEC Press Release 2024-35","source_url":"https://www.sec.gov/newsroom/press-releases/2024-35"},{"date":"2024-03-14","event":"Two of the 17 defendants, Luis Serrano and Julio Taffinder, consented to final judgments, agreeing to pay a combined total of more than $68,000 in civil penalties, disgorgement, and interest.","source":"NewsFileCorp: SEC Charges 17 Individuals","source_url":"https://www.newsfilecorp.com/release/201798/SEC-Charges-17-Individuals-in-300-Million-CryptoAsset-Ponzi-Scheme-Targeting-the-Latino-Community"},{"date":"2025-08-15","event":"The court-appointed receiver filed a motion (Document 141) in Case No. 4:22-cv-03359 to approve a claims administration process and open a portal for investor claims.","source":"Receiver's Motion, Doc. 141","source_url":"https://cryptofxreceiver.com/media/6178472/doc._141_-_receiver_s_motion_for_the_court_to_approve_claims_administration_process_and_brief_in_support_thereof.pdf"},{"date":"2026-01-25","event":"Deadline for CryptoFX victims to submit claims through the receiver's claims portal.","source":"Boccadutri: CryptoFX 2025 update","source_url":"https://www.boccadutri.com/cryptofx-2025-update-fund-recovery-claims/"},{"date":"2026-02-12","event":"After a four-day civil trial, a federal jury in the U.S. District Court for the Southern District of Texas found defendant Ismael Zarco Sanchez liable for securities fraud and registration violations. This is a civil jury verdict, not a criminal conviction. Sanchez had led a Chicago-based CryptoFX office that allegedly raised tens of millions of dollars.","source":"SEC: Statement on Jury's Verdict in Trial of Ismael Sanchez","source_url":"https://www.sec.gov/newsroom/speeches-statements/ryan-statement-ismael-sanchez-021226"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 21d2773a-6b8b-4aee-9b99-74c36ad433dccopy