PipFarm, a proprietary trading firm that has recently gained attention in the retail trading community, is facing a wave of public disputes involving unpaid invoices, alleged misconduct, and accusations of data-sharing. The situation escalated over the past week after multiple parties — including former contractors, industry peers, and the company's own CEO — issued conflicting statements across social media.

Former Staff Member Raises Unpaid Invoices Claim

The controversy began when Ana Skender, a former team member, publicly stated that she is owed more than $33,000 in outstanding invoices. According to Skender, payout deadlines repeatedly passed without payment, and her attempt to highlight the matter on The PipFarm's official payout announcement was deleted. She later published detailed claims on social media, sparking wide discussion among traders and prop firm followers.

Community Allegations of Misconduct

The situation intensified when Adam Kred, another individual formerly associated with the company, released a lengthy statement alleging misconduct. His claims included deliberate payout delays, unfair trader terminations, and accusations that The PipFarm's CEO, James Glyde, had improperly shared client information with other proprietary firms in private groups.

Strong Denials from E8 Markets

One of the firms named in Kred’s accusations, E8 Markets, moved quickly to issue a response.

  • Dylan El Chami, CEO of E8, called the allegation “a serious and false accusation,” requesting proof and emphasizing that the company has never shared information about clients with any third party.

  • An E8 risk manager reinforced this position, stating that data security is the firm's top priority and distancing E8 from the dispute altogether.

Both representatives rejected any involvement and demanded that E8 not be linked to unverified claims.

CEO James Glyde Responds

In a detailed statement, James Glyde, CEO of The PipFarm, addressed the dispute with former staff member Ana Skender as well as speculation from third parties. Glyde said he had extended a settlement offer to Skender covering disputed invoices and performance bonuses, structured as a 10-week installment plan to provide “leverage to ensure confidentiality” while emotions cooled. He added that payments were initiated before Skender rejected the proposal “multiple times.” Following her refusal, Glyde stated the firm pursued a different course of action based on an internal investigation.

Separately, Glyde denied online claims linking The PipFarm with E8 Markets or its representatives. Responding to a post from @adamkred, he stressed that “at no time did The PipFarm, myself, or any representative engage with or share information with Dylan Elchami or E8Markets, and vice versa.” Glyde urged the poster to retract what he called a speculative and harmful claim, reaffirming that PipFarm remains “business as usual” despite the controversy.

Rejection from Ana

Ana’s reply was short and direct: “no negotiations accepted :)”, signaling her refusal to accept the installment-based settlement and disputing Glyde’s framing of the issue.

Where Things Stand

The dispute now involves three key threads:

  • Unpaid invoices allegedly owed to a former staff member.

  • Serious misconduct allegations from another ex-associate.

  • Reputation damage tied to accusations of data-sharing, which competing firms like E8 have categorically denied.

For now, no independent verification has surfaced to confirm or disprove any of the claims, leaving the matter highly contentious. With conflicting accounts from all sides, the situation remains unsettled and continues to attract significant attention across trader forums and social media.