While the civil penalties for the FY2019 have reduced, the fines and fees are up 39%, with disgorgement fees making up the bulk.
Presiding in the New York Southern District Court, Judge Loretta A. Preska ruled in favor of the U.S. government in the civil case against alleged BTC scammer Jon Barry Thompson.
Nathan Mullins and Blake Harrison Kantor were charged with fraud, basing the allegations on a binary option scam that involved virtual currency that was dubbed as “ATM Coin.”
BitMEX tries to deny access of American users to its platform, but a new CFTC investigation is looking into if they got on anyway.
Morgan Hunt and Kim Hecroft were accused of misrepresenting the U.S. Commodity Futures Trading Commission in a bid to part investors from their BTC.
The U.S. regulator is taking action against the now-defunct Control-Finance Limited and its director in connection with the alleged frauds.
Randall Crater, founder of My Big Coin and MBC crypto, is being charged with four counts of wire fraud and three counts of unlawful monetary transactions.
In an effort to help redirect the crypto vision and put things back in order with how they were originally intended, Dr. Craig Wright has become more vocal in publicizing the fact that he is, indeed, Satoshi Nakamoto.
Stock exchange firm Nasdaq will reportedly continue with plans that will see them launch BTC futures in 2019 despite the ongoing price slide, according to sources close to the company.
The Commodity Futures Trading Commission (CFTC) has weighed in with its latest penalty, following multi-agency efforts to bring a fraudulent crypto trader to justice.
The New York Southern District Court has ordered the perpetrator of a BTC Ponzi scheme to pay about $3 million in penalties and restitution.