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CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets

The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated some of the funds in a Ponzi scheme.

Updated Feb 16, 2023, 8:57 p.m. Published Feb 16, 2023, 8:49 p.m.
(Jesse Hamilton/CoinDesk)
(Jesse Hamilton/CoinDesk)