Charles Hunter, Kayan Kalipha and Luke Desmaris appeared before Westminster Magistrates’ Court, each individually charged with an offence relating to their social media posts. In June 2025, the FCA led a coordinated international enforcement effort involving nine regulators across six countries. The operation resulted in arrests, interviews, cease and desist letters, and over 650 takedown requests across social media platforms and websites.Finfluencers are social media personalities who use their platform to promote financial products and share insights and advice with their followers. The FCA has previously said that 80% of customers lose money when investing in CFDs because of the risks. In the UK, the FCA has imposed restrictions on how CFDs and CFD-like options can be sold and marketed to retail customers.