The U.S. Commodity Futures Trading Commission has filed a complaint against four individuals linked to a BTC trading scam.
Three Maryland-based firms and their operators are facing fraud charges after allegedly scamming $28 million from over 1,000 investors.
Michael Ackerman, 51, has pleaded not guilty on counts of money laundering and wire fraud before a district court in New York.
Digital currency investing platform Abra has announced that it would start offering interest-bearing accounts for six digital currencies.
The CFTC plans to move for a default judgment after securing a Certificate of Default against Reynolds, and a Notice of Voluntary Dismissal.
Digital Platinum and All In Publishing defrauded investors through a variety of false advertising campaigns, according to the regulator.
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.