CFTC accused a citizen for alleged millionaire scam with bitcoin
The Commodity Futures Trading Commission (CFTC) of the United States filed an accusation against a US citizen for the alleged scam of nearly USD 7 million. The defendant would have offered a false sale of bitcoin to his victims to achieve the scam.
In a press release published on Monday, September 30, the CFTC said that Jon Barry Thompson was posing as a member of an alleged company that would have in his possession the amount of bitcoin required by his victims, but upon receiving the funds he sent them to third parties without responding to the interests of their creditors.
The text highlights that “neither Thompson, nor a company with which he was affiliated had possession or control of the bitcoins that were to be delivered to customers.” In addition, the accusation highlights that not only was the cryptocurrency delivered failed but the funds of those who invested were not protected in any way.
During 2018, the defendant “induced” two people to pay the figure referred to above to buy bitcoins. In addition to not transferring the bitcoins he promised, Thompson “lied to customers about the location of the bitcoins, the reasons why the transaction was not completed and the status of the money,” says the statement.
The accusation of the CFTC seeks the return of funds scammed to the victims. In addition, it seeks economic sanctions and the permanent prohibition of commercial activities for the accused. Likewise, there would be a precautionary measure, in case of new violations of US law by Thompson.
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.