Foris DAX on Your Statement: What the Charge Actually Is
If you found this because of a charge on your statement: Foris DAX is the legal entity that Crypto.com processes payments through. A line reading FORIS DAX INC, FORIS DAX ASIA, FORIS USA DAX CF or simply FORIS INC means money moved to or from a Crypto.com account.
It is not a fraudulent merchant, and it is not a name Crypto.com hides behind — it is simply the registered company, and card networks show the registered company rather than the brand.
Why the name is different from the brand
Crypto.com is the trading name. The Foris entities are the companies underneath it, split by region for licensing reasons:
| Descriptor | Entity |
|---|---|
| FORIS DAX INC | The US operating entity |
| FORIS DAX ASIA | The Singapore entity |
| FORIS DAX MT | The Malta entity, serving Europe |
| FORIS USA DAX CF | A US card or fiat-transfer descriptor |
Which one appears depends on where you are and which product was used. All of them are Crypto.com.
What produces the charge
- Buying crypto with a debit or credit card, or a bank transfer into your fiat wallet.
- Topping up the Crypto.com Visa card.
- A subscription or staking arrangement renewing.
- A pending authorisation that later drops off — card purchases often show a temporary hold first.
- A refund or withdrawal, which appears as a credit from the same name.
Confirming it was you
- Open the Crypto.com app and go to Accounts → Transaction History.
- Match the amount and date against the statement line.
- Check the fiat wallet and the card section separately — a card top-up and a crypto purchase appear in different places.
- If you share the account or the card, check whether someone else in your household made it.
Small amounts you do not recognise are often the exchange-rate difference on a purchase you did make, or a pending authorisation that has not settled.
If you do not have a Crypto.com account
Then treat it as fraud, and move quickly:
- Contact your bank or card issuer and report the charge as unauthorised. Ask them to block the card — card details in someone else's hands will be used again.
- Check whether an account exists in your name. Try the password reset at crypto.com with your email address; if an account is found, someone opened it using your details.
- Contact Crypto.com support through the app or website with the exact amount, date and descriptor.
- Change the password on your email account and enable two-factor authentication there. Email access is usually how these accounts get opened or taken over.
- Check your other statements for further charges you missed.
Do not wait to see whether it recurs. Chargeback windows are limited, and the sooner you report, the stronger your position.
Is Foris DAX legitimate?
Yes, in the sense that matters here: it is a real, registered company operating a large licensed exchange, not a scam merchant name. A charge from it is a genuine payment to Crypto.com.
That is a separate question from whether the charge was authorised. A legitimate company can still be billing you because someone else used your card, which is why the checks above are worth doing rather than dismissing the line because the company checks out.
Stopping future charges
- Remove the saved card in the Crypto.com app under payment methods.
- Cancel any recurring buy or subscription in the app — blocking the card alone does not cancel the arrangement.
- If you are closing the account entirely, withdraw the balance first; closure does not return funds automatically.
FAQs
Why does it say Foris and not Crypto.com?
Card statements show the registered legal entity. Foris is the company; Crypto.com is the brand.
Is a pending Foris charge going to complete?
Pending authorisations either settle within a few days or drop off. If it disappears, no money moved.
Can I dispute it with my bank?
Yes, if it was unauthorised. If you did make the purchase, contact Crypto.com first — disputing your own transaction can get the account frozen.
Does a charge mean my card details were stolen?
Only if you have no account and made no purchase. Otherwise it is ordinary activity under an unfamiliar name.