South African CEO ordered to pay $3.4 bln over Bitcoin fraud

By : redaction

Date : mercredi, 03 mai 2023 03:08

Last Saturday, the Commodity Futures Trading Commission (CFTC) announced an order requiring Cornelius Johannes Steynberg, CEO of South African company Mirror Trading, to pay $3.4 billion over bitcoin fraud.  Specifically, Steynberg will have to restitute in excess of $1.7 billion to defrauded victims and pay over $1.7 billion in civil penalties.

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