Calif. Crypto Biz Scammed Investors Out Of $7M, CFTC Says
By Emilie Ruscoe ( February 16, 2023, 6:15 PM EST) -- The U.S. Commodity Futures Trading Commission has filed suit against a California man and his purported digital asset investment company, claiming he ran the operation "consistent with a Ponzi scheme" and took in over $7 million while offering would-be investors guarantees of unusually high returns earned via a trading strategy executed by robots....
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