Prop firm MyForexFunds begins returning client funds following court vindication
A US district court win against the CFTC in 2025 has led to an unfreezing of MyForexFunds client assets.
Murtuza Kazmi
CFTC clashes with My Forex Funds over privileged info
The lawsuit brought by the CFTC against Murtuza Kazmi and Traders Global Group Inc., d/b/a “My Forex Funds”, continues in New Jersey.
Court orders $12M of My Forex Funds’ assets to remain frozen
The Court sided with the CFTC insofar as $12,080,000 of My Forex Funds’ assets shall remain frozen.
CFTC seeks Court order of injunction, asset freeze against My Forex Funds
The CFTC moves the Court to approve a preliminary injunction, asset freeze and the appointment of a permanent receiver in the case against My Forex Funds.
Regulators shut My Forex Funds charging $300 million fraud
CFTC alleges that My Forex Funds minimizes the likelihood that customers trade profitably, by using pretexts to terminate customer accounts.
