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UK Man Has To Pay $570 Million For Fraudulent BTC Trading Scheme

A UK man has to pay more than $570 million for running a fraudulent BTC trading scheme according to the reports by the CFTC as we read more in our latest crypto news today. The UK man solicited at least 22,190.542 BTC valued at around $143 million at the time from about 1000 customers worldwide. The US District Court for the Southern District of New York entered into a judgment against the UK man for running a fraudulent scheme where he solicited BTC from members of the public and misappropriated that gathered BTC as the Commodity Futures and Trading Commission…

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