US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme

Share This Post

US Court Imposes $209 Million Penalty in Crypto Ponzi SchemeThe U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil penalty. The Commodity Futures Trading Commission (CFTC) has recovered […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP Whale Activity Spikes At The Bottom – A Classic Pre-Rally Signal

XRP has been under clear pressure in recent sessions, sliding toward its lowest price of the year as the broader crypto market continues to absorb heavy selling Sentiment remains fragile, and many

XRP Liquidity Scales Across Chains as wXRP Expands Through Hex Trust

Institutional-grade infrastructure is expanding XRP beyond payments as regulated wrapped XRP launches with deep liquidity, enabling cross-chain DeFi activity, new trading pairs, and broader utility

Dogecoin Tightens Up: Symmetrical Triangle Converges With High-Timeframe Wyckoff Setup

Dogecoin is entering a pivotal phase as its price action tightens within a symmetrical triangle, aligning with a high-timeframe Wyckoff setup The combination of higher lows, compressed structure, and

Half-Billion Dollar Bet: Bitcoin OG Scales Multi-Asset Long To $611 Million

Bitcoin enters the week trapped in a tight consolidation range, reflecting a market caught between caution and expectation Price action has stalled as traders wait for clearer direction after the

Circle, Ripple, Bitgo, Fidelity, and Paxos Conditionally Approved for National Trust Banks

Federal regulators moved crypto deeper into US banking as the OCC conditionally approved five digital-asset trust banks, signaling growing confidence in federally supervised crypto custody, payments

Solana Gains Institutional Momentum as New On-Chain Bond Deal and XRP Integration Build Hype

Solana (SOL) is gradually entering a new phase of institutional visibility as recent developments in tokenized finance and cross-chain asset integration draw increasing attention to the network