A cryptocurrency company has been fined $1.1 million for defrauding customers and misusing funds, as the CFTC highlights growing concerns about unregistered investment schemes. CFTC Strikes: Fraudulent Cryptocurrency Firm Banned, $1.1M Fine Issued The Commodity Futures Trading Commission (CFTC) announced Monday that orders have been issued to Mosaic Exchange Ltd. Its CEO, Sean Michael (...)

Source link