The CFTC alleged a South African CEO swindled billions in bitcoin through a fake trading pool, though victims are unlikely to see a single dime from fraudsters.
US court orders South African firm s CEO to pay $3 4 billion for bitcoin fraud streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
WASHINGTON (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. | Apr. 27
WASHINGTON (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. | Apr. 27
By Kanishka Singh and Chris Prentice WASHINGTON (Reuters) - A federal judge in Texas ordered the head of a South African firm to pay a whopping $3.4 b.