Nearly half a billion dollars, or $432 million, was raised by CashFX Group in 2021 from unsuspecting investors.
That sum has decreased to $112 million as of 2022.
On the surface, that may sound recoverable… until you realize that CashFX Group earned less than $1,000,000 in October 2022.
James, referred to as the “Bitcoin/Blockchain specialist” for the Facebook group CashFX (in connection with EverFX) Scam – Now What!?, has analyzed the CashFX Group wallet figures.
Posted on October 28th by group administrator Harry Page;
James, our resident expert on Bitcoin and blockchain, recently disclosed that CFX earned $432,464,782.83 over nine months in 2021.
Just $112,122,287.17 has been made so far this year during a 10-month timeframe.
January \s$19,257,218.77
February \s$21,671,493.64
March \s$20,655,696.82
April \s$17,082,067.47
A little drop. For a real firm, this wouldn’t be an issue, but for a Ponzi, three months without exponential growth would be disastrous.
May \s$12,299,023.57
I’m sorry.
June \s$10,119,547.48 \sOoops.
July \s$5,722,344.69
Oh no, oh no.
August \s$2,031,065.21 \sLolz.
September \s$2,331,930.42
Bravo, a minor improvement.
October \s$951,899.10
Don’t freak out!
Without a doubt, we are currently on the Ponzi death curve.
The ROI liabilities of CashFX Group were more than $100 million as of February 2022. Although the exact number is uncertain, it is anticipated to be far higher.
In related news, James has gathered payment details for a few of CashFX Group’s highest earners:
Between September 2019 and August 2021, 162 transactions totaling $670,092 were completed by Hazel Moore.
Throughout 163 trades between May 2020 and July 2022, Neil Slinn earned $507,425 in total.
Slinn was one of the “hush money” insiders for CashFX Group.
The processor used by CashFX Group to launder approximately $484 million has been identified as Binance.
The demise of CashFX Group was predicted by BehindMLM in November 2021.
Since then, the Ponzi scheme has intermittently made payouts for targeted withdrawals.
Owner of CashFX Group and citizen of the Dominican Republic, Huascar Lopez, has not been spotted in the open since late 2021.
Lopez’s present situation is unknown, however, it is assumed that he is at the very least being looked at.
If you’re curious about who on Earth is still being hired by CashFX Group, the top three countries for website visits according to SimilarWeb are the UK (29%), Australia (8%), and Norway (7%).
