Search
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
21.9.2024
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial...
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
9.9.2023
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target...
CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud
8.9.2023
The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said
South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
28.4.2023
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme
Crypto, forex platform CEO pleads guilty in $248M fraud scheme
13.2.2023
Eddy Alexandre, the CEO of the purported crypto trading platform EminiFX is facing as much as 10 years behind bars for his part in the fraudulent enterprise
CFTC Charges New Jersey Based Entities and Individuals with Multi-Million Dollar Forex Fraud
29.12.2021
The Commodity Futures Trading Commission has filed a civil enforcement action. It has been filed in the US District Court of New Jersey. It includes two parties facing the charges. The parties are Thomas Plaut and Arthur Dembro. Both of them are allegedly guilty of committing fraud through their...