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CFTC Gets Aggressive on Virtual Currency Fraud With Dual Enforcement Actions The U.S. Commodity Futures Trading Commission announced two civil enforcement actions Friday that focused on fraud around one of the hottest commodities right now: virtual currency. The CFTC accused CabbageTech Corp. of New York of fraud and misappropriation in connection with purchases ...
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Alleged virtual currency scam could have real consequences for Staten Island business A Staten Island company defrauded investors in a virtual currency scam, promising unrealistic returns while pocketing their money, allege authorities. One of the virtual currencies on which the business, Coin Drop Markets, purported to offer advice was Bitcoin, whose logo is seen on an ATM in Hong ...
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