David Merino Quintana
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
Summary
David Merino Quintana is a Spanish businessman from Gran Canaria identified by Spanish and U.S. authorities and by civil litigants as the co-founder and alleged de facto leader of FxWinning (also styled FX Winning), a forex/cryptocurrency investment platform that collapsed in June 2023. He is the subject of a Spanish National Court (Audiencia Nacional) criminal probe into an alleged pyramid/Ponzi scheme estimated at roughly €460-500 million affecting over 15,000 victims in more than 20 countries, a $85 million Miami-Dade civil judgment for fraud, and a separate federal-court-adjacent civil suit alleging a scheme exceeding $2.8 billion in scope. He was arrested in Dubai in June 2026 amid extradition proceedings.
Connected Entities
1 entities · 10 linked investigationsTimeline(9 events)
2020
FxWinning Ltd. is founded by Rafael Brito Cutié and David Merino Quintana as a Hong Kong-registered online forex/crypto investment brokerage, according to U.S. civil litigation.
Finance Magnates / TradingView News2021
Merino officially departs FxWinning, though Spanish investigators and civil plaintiffs allege he continued to direct the operation from behind the scenes.
Canarias7February 2023
FxWinning blocks customer withdrawals, citing the need for regulatory compliance reviews.
Silver Miller LawJune 2023
FxWinning ceases operations entirely without processing outstanding investor withdrawals.
Silver Miller Law / Nelson MullinsAugust 2023
Investor group led by Cody Kerns files suit against FxWinning, David Merino, Rafael Brito Cutié and others in Florida, seeking roughly $28 million and alleging conspiracy to commit fraud.
Finance Magnates1 August 2024
Miami-Dade Judge Lisa Walsh enters default judgments against FxWinning Ltd., Olga Huzhva, and Rafael Brito Cutié in the Kerns investor suit; Merino, appearing pro se, is not defaulted and is given additional time to respond.
BlockTribuneDecember 2024
A jury in the CFT Solutions civil case finds FxWinning liable for investor fraud.
Nelson Mullins press release7 March 2025
Miami-Dade Judge Lisa Walsh enters a final judgment of more than $85 million against Rafael Brito Cutié and David Merino Quintana in the CFT Solutions civil fraud case.
Nelson Mullins press release1 June 2026
David Merino is arrested/detained in Dubai after years as a fugitive, under an international arrest warrant tied to Spain's Audiencia Nacional investigation into the alleged FxWinning pyramid scheme.
Canarias7model: claude-code-investigator
generated: 9/13/2026, 5:12:09 PM
last updated: 9/13/2026, 11:26:19 PM
1 viewavoid.net — verified advice for a post-truth world