Utah-based Jacob Orvidas has been ordered by the Commodity Futures Trading Commission (CFTC) to pay over $2 million and face a $500,000. The order revealed Orvidas deceived at least four individuals into investing in a leveraged Bitcoin commodity pool, claiming significant profits and monetary safety. He also failed to register as a commodity pool operator. (Read More)
from Blockchain News https://ift.tt/W6w2YJi
Utah Man Ordered to Settle Over $2.5 Million for Bitcoin Fraud by CFTC
![Utah Man Ordered to Settle Over $2.5 Million for Bitcoin Fraud by CFTC]()
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September 09, 2023
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