US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 Million

US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 MillionA U.S. federal court has fined a New York firm and its chief executive officer over $2.5 million in the first anti-fraud action involving bitcoin filed by the Commodity Futures Trading Commission. The Ponzi scheme involved a fake pooled investment strategy and a “fake computer ‘hack’ that supposedly caused the loss of nearly all customer funds,” […]

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