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US court orders South African firm s CEO to pay $3 4bln for bitcoin fraud

US court orders South African firm s CEO to pay $3 4bln for bitcoin fraud
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US court orders South African firm s CEO to pay $3 4 bln for bitcoin fraud

WASHINGTON, April 27 (Reuters) – A federal judge in Texas ordered the head of a South African firm to pay a whopping $3.4 billion for what the U.S. commodities regulator said was its largest-ever fraud case involving bitcoin. Cornelius Johannes Steynberg was ordered to pay $1.7 billion in restitution to victims of the fraud scheme […]

Fugitive CEO Ordered To Pay $3 4 Billion In Record Fraud Case Involving Bitcoin

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