Global Trading Club face fraud charges over $1M BTC trading scam
The U.S. Commodity Futures Trading Commission has filed a complaint against four individuals linked to a BTC trading scam.
Latest Commodity Futures Trading Commission News
Maryland firms charged in $28M scam targeting African immigrants
Three Maryland-based firms and their operators are facing fraud charges after allegedly scamming $28 million from over 1,000 investors.
Ohio fund manager denies $35M digital currency scam
Michael Ackerman, 51, has pleaded not guilty on counts of money laundering and wire fraud before a district court in New York.
Abra wants to be a digital currency bank
Digital currency investing platform Abra has announced that it would start offering interest-bearing accounts for six digital currencies.
CFTC seeks default judgment against Control-Finance fraud scheme
The CFTC plans to move for a default judgment after securing a Certificate of Default against Reynolds, and a Notice of Voluntary Dismissal.
CFTC charges 3 accused of pocketing $15M via investment scams
Digital Platinum and All In Publishing defrauded investors through a variety of false advertising campaigns, according to the regulator.
CFTC ‘unclear’ if XRP is a security of commodity
The distinction between commodities and securities is an important one for the crypto sector.
CFTC fines and fees collection up 39% to $1.3B in 2019
While the civil penalties for the FY2019 have reduced, the fines and fees are up 39%, with disgorgement fees making up the bulk.
US gov’t can intervene in $7M BTC fraud case, New York judge rules
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.
‘Worthless’ cryptocurrency operators ordered to pay $4.25M
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 under investigation for violating CFTC regulations
BitMEX tries to deny access of American users to its platform, but a new CFTC investigation is looking into if they got on anyway.
2 suspects fined $360,000 in latest BTC fraud scandal
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.