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

FET, GEGG & ICP: 3 A.I Cryptocurrencies Positioned To 100X In 2025. GoodEgg Raises 250K In 24hrs

The cryptocurrency space is buzzing with the potential of artificial intelligence (AI) integration, and three standout tokens—Artificial Superintelligence Alliance (FET), GoodEgg (GEGG), and

Artificial Superintelligence Alliance (FET) vs New A.I Dating Platform (GEGG): FET Investors Add GoodEgg To A.I Portfolio

The intersection of artificial intelligence and blockchain technology continues to expand, with platforms like the Artificial Superintelligence Alliance (FET) and GoodEgg (GEGG) taking the lead While

GoodEgg Presale Raises 250K In 24hrs Attracting Floki and Shiba Inu Holders To New Memecoin

The crypto world has seen a lot of exciting developments lately, and two fan-favorite tokens, Floki (FLOKI) and Shiba Inu (SHIB), are once again in the spotlight Both of these memecoins have

Mpeppe vs Floki: Memecoins Battle for Dominate Meme Cryptocurrencies

The memecoin space has seen explosive growth in 2024, with the likes of Floki (FLOKI) and Mpeppe (MPEPE) leading the charge However, a new player is gaining attention for its innovative

Top Analyst Dives Into Two A.I Cryptocurrencies Positioned To 100X GoodEgg (Gegg) & Artificial Superintelligence Alliance (FET)

In the ever-evolving cryptocurrency space, AI-driven tokens are gaining massive traction, and two standout projects—GoodEgg (GEGG) and Artificial Superintelligence Alliance (FET)—are positioned

Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats

The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm