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Florida Man Ordered To Pay $7,600,000 in Restitution After Promoting Supposed ‘Gold-Backed’ Cryptocurrency Scam

Florida Man Ordered To Pay ,600,000 in Restitution After Promoting Supposed ‘Gold-Backed’ Cryptocurrency Scam

A federal court has ordered a Florida resident who operated a digital asset fraud scheme years ago to pay millions of dollars in restitution, according to the U.S. Commodity Futures Trading Commission (CFTC). The CFTC says that the U.S. District Court for the District of Massachusetts has imposed a consent order on Randall Crater, requiring […]

The post Florida Man Ordered To Pay $7,600,000 in Restitution After Promoting Supposed ‘Gold-Backed’ Cryptocurrency Scam appeared first on The Daily Hodl.

RLUSD Adoption Builds as Ripple’s Stablecoin Exceeds $100M in Circulation

Feds Seize $34 Million in Crypto From Unidentified Florida Man

Feds Seize  Million in Crypto From Unidentified Florida ManOn April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet markets, selling online account information tied to […]

RLUSD Adoption Builds as Ripple’s Stablecoin Exceeds $100M in Circulation