After more than two years of silence, MyForexFunds CEO Murtuza Kazmi has released an official statement addressing the community and providing an update on the firm’s ongoing legal and operational situation.

In his message, Kazmi began by expressing gratitude to the MyForexFunds community for their unwavering support throughout the company’s turbulent period, calling it “a great source of strength that did not go unnoticed.”

He revisited the 2023 shutdown, when the U.S. Commodity Futures Trading Commission (CFTC) initiated legal proceedings against MyForexFunds, effectively halting operations. Kazmi described the case as unjust and emphasized that the firm was denied the chance to defend itself against “serious allegations.”

The statement highlighted a major legal victory earlier this year. In May 2025, a U.S. federal judge dismissed the CFTC’s case, sanctioned the regulator, and awarded MyForexFunds attorney’s fees. The court found that the CFTC had “lied in its filings to shut down our business,” a decision Kazmi described as a “complete vindication” for MyForexFunds in the United States.

Kazmi also noted progress in Canada, where the Ontario court recently scaled back the receivership overseeing MyForexFunds’ assets. The court ordered that most of the company’s funds be returned, with the process of unwinding the receivership and restoring business assets still underway.

While expressing optimism about the path forward, Kazmi stated that the company is not yet ready to commit to a specific plan for resuming operations. He promised continued communication and transparency as developments unfold.

The CEO also cautioned the trading community against misinformation circulating on social media, emphasizing that only official statements from MyForexFunds or court documents should be trusted.

Kazmi concluded his message by thanking supporters once again and hinting at future announcements: “More to come…”

This update marks the first major communication from MyForexFunds since the case dismissal, signaling potential movement toward rebuilding the firm after one of the most publicized regulatory battles in the prop trading industry.