Updates on Sterling, CySEC, Admirals; TFC in Crisis; CFTC FX & Crypto Trading Data; Latest Whistleblower...More News Recap from Last Week

Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. In addition to the news, we've also updated the latest monthly crypto exchange trading volumes & CFTC FX report, as well as the latest Whistleblower episode, "Fazzaco Under Fire for Exposing Scams? Insiders Reveal Amirani's Dark Past". Below are news and articles for the Fazzaco's last week recap.

Sterling Trading Tech Expands into Fixed Income Risk Management​

Sterling Trading Tech (Sterling) has announced an expansion of its asset class coverage to include fixed income instruments, further broadening its suite of risk and margin management solutions. The addition brings sovereign, corporate, convertible, and municipal bonds under Sterling's umbrella, reinforcing its commitment to comprehensive market coverage.

CySEC Warns Investors of Fraudulent Impersonation Scheme

The Cyprus Securities and Exchange Commission (CySEC) has issued an urgent public warning regarding a surge in fraudulent activities involving individuals impersonating CySEC officials. These scammers are targeting investors with false promises of compensation, demanding fees for alleged settlement of claims related to CySEC-regulated firms.

Admirals Resumes EU Client Onboarding After Compliance Review

Estonia-based retail FX and CFDs broker Admirals has resumed onboarding new EU clients after what it described as a "temporary pause" earlier in 2024. The move comes nearly a year after the broker halted new sign-ups in the region via its Cyprus-based, CySEC-regulated subsidiary, Admirals Europe Ltd.

The Funded Trader Struggles to Resolve Payout Delays as Client Backlog Grows

The Funded Trader (TFT), a proprietary trading firm, continues to face challenges in addressing its backlog of overdue client payouts, despite assurances made three months ago that final decisions would be announced by January 2025. Instead of resolutions, traders have been met with repeated promises and new repayment plans, while the number of affected clients has risen significantly.

Latest CFTC Report Shows Retail Forex Funds in US See A 4% Bounce Back in Jan 2025

The US Commodity Futures Trading Commission (CFTC) has released its latest monthly report, which shows that the total volumes of the retail forex funds of six institutions in January 2025 saw a 4.16% bounce back from December last year, with the total figure landing at $511,798,944.

Top 10 Crypto Exchanges Spot Volumes Drop 23% in Average in Feb 2025

Fazzaco has compiled the performance of the top 10 crypto exchanges based on spot trading volume data from February 2025. All ten exchanges mentioned below continued the decline seen last month (and the fact that February only had 28 days is of course a factor in play).

Fazzaco Under Fire for Exposing Scams? Insiders Reveal Amirani's Dark Past

Since we first exposed the fraudulent activities linked to Amirani Azaladze and his B2B Hub company, several insiders have come forward with critical information. Their insights have allowed us to unravel an extensive scam affecting a significant part of the forex industry—exactly the type of wrongdoing our "Forex Whistleblower" initiative aims to combat. Recently, however, Amirani escalated his deceit by misusing our identity in an apparent bid to trick our clients.