US Man Fined $1.1 Million, Sentenced to 15 Months for Fraudulent Bitcoin, Litecoin Schemes
A U.S. man has been sentenced to 15 months in jail and fined $1.1 million by the CFTC for misappropriating Bitcoin and Litecoin funds.
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thats alot of money there
This man owns a lot of money
Its kind of sad to hear this storys all over again that fraudsters in the cryptocurrency space still get so much attention. We should focus on the positive developments if we want to reach global adoption.
Good. Whenever I see this I think they should put the people under the jail. All the cons out there with the explosion of tokens that are available for everyone.
I always wondered how someone could pay a fine like that if they caught him. Where does he get the money?