Uk Citizen Fined 571 Million Over Fraudulent Bitcoin Trading Scheme
A statement from the Commodity Futures Trading Commission (CFTC) indicates that the accused identified as Benjamin Reynolds from Manchester, England, duped 169 individuals from the U.S. The court directed Reynolds to pay $143 million in restitution to victims and a civil monetary penalty of $429 million. Reynolds allegedly solicited 22,190.542 from victims through a public website, social media platforms, and email communication. In total, he conned at least 1,000 victims globally between May 2017 and October 2017....