CFTC Seeks $572 Million in Penalty and Restitution From the Owner of ‘Fraudulent’ Bitcoin Scheme Control-Finance: Author – CFR

Reported By:

TheBlock – The U.S. Commodity Futures Trading Commission (CFTC) is reportedly seeking $572 million in penalty and restitution from the owner of “fraudulent” bitcoin trading scheme Control-Finance.  Per the judgment, Control-Finance owner and sole director Benjamin Reynolds will have to pay $429 million in penalty and $143 million in restitution, as he failed to appear or answer the CFTC’s complaint originally launched in June 2019.

Read More

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.