Against the backdrop of affiliate investor withdrawals being blocked, CashFX executives and top promoters went off on a cruise.

Those unable to withdraw can put two and two together to figure out how the cruise was funded.

That was late November, now it’s back to facing the Ponzi schemes problems.

To that end CashFX Group Marketing Director John Kinnear fronted a Q&A on December 4th.

Topics covered include CashFX Group’s withdrawals, regulatory problems, cryptocurrency and… A.I. trading?

When queried on
CashFX Group’s stalled withdrawals
, Kinnear parroted the previous
“we got hacked” excuse
.

[11:38] When the security team has to manage something like that, all operations, essentially, except for trading operations, have to cease.

(This is) so the programmers are in total control of the backoffice space.

No withdraws are going out from the backoffice.

This of course makes no sense, because later Kinnear also parrots the claim that CashFX Group wasn’t compromised.

[12:39] Whoever’s behind them has significant funds, six figures or more and throw an awful lot of time and energy at trying to crack into this security.

You’ve also heard me mention many times that there’s four separate firewalls around the CFX backoffice, and no one’s ever breached the first of those four.

That still stands true. That’s the case right now.

I’ll reiterate the point I made in our original article covering the “we got hacked” excuse: it makes zero sense to claim withdrawals are disabled because of a hack, whilst simultaneously claiming the hack was unsuccessful.

It’d be like if BehindMLM was being DDOS’ed, so I pulled the site down to deal with the attack, which I claimed was unsuccessful.

To be clear I’m not suggesting CashFX Group was hacked. I maintain it’s a Ponzi scheme that’s been running out of money throughout 2021.

Huascar Lopez has publicly stated CashFX Group will be caught up on withdrawal requests by the end of Q4, 2021.

With respect to
CashFX Group’s YouTube channel disappearing
, Kinnear blames
“tHe HaTeRz”
.

[14:50] There’s a team, there’s a group on FaceBook, an anti-CFX FacBook group … they’ve thrown a wrench in the works of a few different things over the course of the last two and a half years.

And I think this was a combined effort by that particular group and soliciting and petitioning YouTube, to have the CFX YouTube site shut down.

Kinnear claims “the person who’s in charge of” CashFX Group’s YouTube channel has “reached out to YouTube to get that rectified”.

I think it should be obvious that no number of complaints is going to get a YouTube channel deleted – as appears to be the case.

There has to be cause, a specific reason for YouTube to take action. And that’s where Kinnear’s scapegoating falls apart.

CashFX investors have also apparently noticed their daily returns are static from day to day.

Kinnear attributed this abnormality to the amount of money in CashFX Group, COVID-19 and risk management.

Moving onto the Q

🤖 Quick Answer

What were the circumstances surrounding CashFX Group's withdrawal issues in late 2024?
CashFX Group faced blocked affiliate investor withdrawals while executives and promoters took a cruise, raising questions about fund allocation. The company subsequently addressed regulatory concerns and operational challenges during a December 4th Q&A session led by Marketing Director John Kinnear.

How did CashFX Group explain the withdrawal delays?
John Kinnear attributed the stalled withdrawals to a security breach, claiming the company's security team required operational cessation except trading functions. This measure allegedly allowed programmers total control to manage the incident and restore system integrity.

What topics were addressed in the December 4th Q&A session?
The discussion covered withdrawal delays, regulatory problems, cryptocurrency involvement, and artificial intelligence trading operations. Kinnear provided explanations regarding the company's technical challenges and strategic responses to operational disruptions.

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