While Huascar Lopez missed his end-of-year deadline to catch up on withdrawals, CashFX Group is now fully caught up on all pending requests.

Unfortunately this probably isn’t what investors had in mind.

In a communication sent out to affiliates sometime over the past 24 hours, CashFX Group advised it was “going to cancel any multiple withdrawal requests”.

Seeing as CashFX Group has unpaid withdrawal requests dating back to October, there’s a good chance every affiliate owed money has put in multiple requests.

Once their pending requests are wiped, affiliates have been instructed to submit one withdrawal request.

Rather than admit this is yet another tactic to buy time, CashFX Group claims it deleted withdrawal requests because of processor issues.

Surely three months and counting is enough to pay 
some
withdrawal requests out.

Or did Huascar and the gang blow so much in the months leading up to Christmas there’s again nothing left?

Pending CashFX Group’s next withdrawal delay excuse (3.5 months and counting), stay tuned…

🤖 Quick Answer

What actions did CashFX Group take regarding pending withdrawal requests?
CashFX Group cancelled multiple withdrawal requests from affiliates and instructed them to submit single requests instead. The company attributed the deletions to processor issues, despite pending withdrawals dating back to October, affecting numerous investors awaiting funds.

Why did CashFX Group's withdrawal cancellation strategy raise concerns among affiliates?
Affiliates interpreted the mass cancellation as a delay tactic rather than a legitimate solution. Given the three-month backlog of unpaid requests, most investors had submitted multiple withdrawal applications, making them vulnerable to having all pending requests erased simultaneously.

What justification did CashFX Group provide for deleting withdrawal requests?
The company cited technical processor issues as the reason for cancelling multiple withdrawal requests. However, critics suggested this explanation masked an attempt to reset the withdrawal queue and gain additional time to resolve liquidity problems affecting the platform

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