Record-Breaking $3.4 Billion Penalty Handed Down in CFTC Bitcoin Fraud Case

The US financial regulator Commodity Futures Trading Commission (CFTC) has won a record-breaking $3.4 billion penalty in a lawsuit involving a fraudulent scheme related to Bitcoin. Texas District Court Judge Lee Yeakel ordered Cornelius Johannes Steynberg to pay the sum for his role in perpetrating a fraudulent commodity pool scheme involving foreign currency transactions and … Record-Breaking $3.4 Billion Penalty Handed Down in CFTC Bitcoin Fraud Case Read More »