CFTC seeks $572 million in penalty and restitution from the owner of ‘fraudulent’ bitcoin scheme Control-Finance

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. During 2017, Reynolds fraudulently collected bitcoin deposits from customers and promised them trading returns of up to 45% per month. “In reality, the defendants made […]