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Virtual Bank Founder Must Pay $40M For Bitcoin Ponzi Scheme

Law360, Los Angeles (September 18, 2014, 7:47 PM EDT) -- A Texas federal judge on Thursday ordered Bitcoin Savings & Trust and its founder to pay more than $40 million in disgorgement and penalties, ruling that the U.S. Securities and Exchange...
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Texas Eastern

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Securities/Commodities

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Date Filed

July 23, 2013

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