The Block

Florida man charged by CFTC over $397 million crypto Ponzi scheme

Florida man charged by CFTC over $397 million crypto Ponzi schemeWorldPing

A Florida man is facing fresh charges from the CFTC after the agency says he misappropriated $48 million dollars of customers' money.

This is a short WorldPing brief. The full report was published by The Block.

Read the full report at The Block

Related news

Regulators To Push Pro-Crypto Initiatives Following Clarity Act DelayWorldPing
Bitcoin Magazine

Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay

Bitcoin Magazine Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay A vote on the Clarity Act last week stalled. Still, pro-crypto regulators have now said they aim to unveil plans to help the digital asset space.

Brief by WorldPing · Original reporting by Bitcoin Magazine

FSB Raids Moscow City Crypto Hub in Major Fraud BustWorldPing
Bitcoin.com

FSB Raids Moscow City Crypto Hub in Major Fraud Bust

Russian authorities disrupted nine foreign-coordinated cryptocurrency channels operating out of the Moscow City business district.

Brief by WorldPing · Original reporting by Bitcoin.com

MoneyGram expands crypto cash ramps to SolanaWorldPing
Cointelegraph

MoneyGram expands crypto cash ramps to Solana

MoneyGram’s Ramps service now connects Solana wallets and applications to its global cash network, with Rift becoming the first wallet to integrate the service.

Brief by WorldPing · Original reporting by Cointelegraph