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Coin Edition
2023-04-28 09:02:03

CEO Behind Large BTC Scheme Ordered by US Court to Pay $3.4 Billion

CEO Behind Large BTC Scheme Ordered by US Court to Pay $3.4 Billion

The US Commodity Futures Trading Commission (CFTC) recently won a record-breaking $3.4 billion penalty in a lawsuit involving a fraudulent Bitcoin scheme. Texas District Court Judge, Lee Yeakel, ordered the implicated Cornelius Johannes Steynberg to pay the sum for his role in the fraudulent commodity pool scheme involving Bitcoin. Steynberg, a South African national and The post CEO Behind Large BTC Scheme Ordered by US Court to Pay $3.4 Billion appeared first on Coin Edition .

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