The Commodity Futures Trading Commission (CFTC) filed charges against two companies for fraud involving the sale of and advice for cryptocurrency investments, the agency said Friday.
The two cases come as the CFTC and the Securities and Exchange Commission crackdown on raise alarms about cryptocurrency related trading fraud. Both agencies have issued several investor warnings about the risks of crypto investment and its rapidly developing derivatives market.
Read more at The Hill.
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Please don’t disparage those that invest in crypto investments. They are from the smartest and brightest amongst us. They took a crash course in a vocational school and our now world experts.