South African Firm Charged With Record $1.7 Billion Bitcoin Fraud

The US commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fraudulent commodity pool worth over $1.7 billion in bitcoin.

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The US commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fraudulent commodity pool worth over $1.7 billion in bitcoin.

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