Latest My Big Coin News

Business 28 February 2019

My Big Coin founder arrested, charged with fraud

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.

Business 28 September 2018

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit

A court in Massachusetts has backed the U.S. Commodity Futures Trading Commission (CFTC) in their interpretation of virtual currencies as commodities (and thus within the regulator’s jurisdiction), in the process dismissing a petition from the My Big Coin’s promoters to have the case set aside.

Business 15 June 2018

Legal challenge to CFTC may set precedent for crypto regulations in US

The legal challenge concerns a relatively unknown cryptocurrency, My Big Coin, which the CFTC alleges has been involved in a fraud estimated at $6 million.

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