CFTC Wins Case Against Cryptocurrency Promoter That Ran Bold and Vicious Frauds

CFTC Wins Case Against Cryptocurrency Promoter That Ran Bold and Vicious Frauds
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CFTC Wins Case Against Cryptocurrency Promoter That Ran Bold and Vicious Frauds

The Commodities Futures Trading Commission (CFTC) won a court case against a cryptocurrency promoter that cheated investors by running “a bold and vicious fraud.” According to Bloomberg on August 24, 2018, the CFTC managed to ban the cryptocurrency operator permanently, Patrick McDonnell ordering, him to pay a hefty fine in restitution and penalties. Nonjury Trial Concluded that Bitcoin Operator Ran a…

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