US CFTC Secures Preliminary Ruling in $228 Million Cryptocurrency Ponzi Scheme Case
According to a report by Jinse Finance, citing @DecryptMedia, the U.S. Commodity Futures Trading Commission (CFTC) has obtained a preliminary judgment in a $228 million cryptocurrency Ponzi scheme case. Prior to this civil victory by the CFTC, Alexander had already been sentenced to nine years in prison in July 2023 following a criminal conviction. Since January 2025, a court-appointed receiver has begun distributing recovered funds to defrauded investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altcoin FET Forms a Bearish Pennant on the 4-Hour Price Chart, How Far Will it Fall?
Meta's self-developed AI chips to be deployed in the first half of next year, aiming to reduce costs and dependence on Nvidia
Meta’s third-generation in-house AI chip, MTIA 450, will begin deployment in data centers in the first half of next year, with the fourth generation expected to enter data centers by the end of 2027. Meta’s commitment to deploying its in-house chips over the next 12 months now exceeds the energy equivalent of 1 gigawatt. According to Meta's Vice President of Engineering, Yee Jiun Song, compared with current products shipped by Nvidia, Meta’s in-house chips are more efficient and consume less power when running AI models.
CareRx Renews Normal Course Issuer Bid
DoorDash Invests $125M in Wonder, Bringing Together Key Delivery Players -- Update
Crypto prices
More
