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

Fraudsters fined $360,000 for running bogus Bitcoin trading ring, impersonating CFTC
фото показано с : thenextweb.com

2019-7-11 11:49

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 in civil monetary penalties and restitution in connection with the lawsuit.   A US District Court found that Hunt, operating as Diamonds Trading Investment House, and Hecroft, operating as First Options Trading, ran a fraudulent program to solicit Bitcoin from citizens to invest in trading products including leveraged or margined foreign currency contracts,…

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