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CFTC Takes Action against MTI: Imposes $1.7B Fine for Bitcoin-Related Forex Fraud

In a landmark ruling, the Commodities Futures Trading Commission (CFTC) has secured a staggering USD $1.7 billion in restitution from Mirror Trading International. The South African company was allegedly involved in a massive Forex fraud scheme. The legal matter involves a complaint filed by CFTC on June 30, 2022, which highlighted fraudulent activities, including deceiving retail investors through Forex transactions, violating registration requirements, and flaunting regulations governing commo... Read More

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Content Topics

Cftc

Takes

Action

Against

Mti

Imposes

7b

Fine

Bitcoin related

Forex

Posted: Sep 7 2023, 21:11

Author Name: financemagnates

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