Fraudsters fined $360,000 for running bogus Bitcoin trading ring, impersonating CFTC

The Next Web
By Yessi Bello PerezJul 11, 2019, 4:49 am123 pts
A Texas federal court has granted a motion for a default judgement against two individuals who solicited money by fraudulently representing the US Commodity Futures Trading Commission (CTFC) in a bid to extract Bitcoin from investors. Defendants Morgan Hunt and Kim Hecroft were ordered to pay almost $400,000…

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