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US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million


According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated markets or registering with the CFTC. The injunction also...

Ex-Trader Ackerman Ordered to Pay $54 Million Fine for Crypto Fraud


The former New York Stock Exchange broker Micahel Ackerman has been ordered to pay $54 million in penalties by a federal court for running a crypto fraud, as per a release from the Commodity Futures Trading Commission (CFTC). A judge at the Southern District of New York court has banned Ackerman...

Avatar Is Getting A New Action-Adventure Game And It Looks A Bit Mid


On Thursday, fans of the hit Nickelodeon cartoon, Avatar: The Last Airbender received an adrenaline shot in the arm by way of an announcement trailer for a new action-adventure game set in the universe that’s due out later this year. Unfortunately, its gameplay looks a bit bland, and the trailer...

FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds


Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.  On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam...

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