The Securities & Exchange Commission (SEC) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The defendant in the case is Utah resident Daniel F. Putnam, whose businesses — MMT Distributions and R&D Global —...
June 30, 2022
The federal Commodity Futures Trading Commission on Thursday (June 30) filed a civil enforcement action in the U.S. District Court alleging Cornelius Johannes Steynberg of Stellenbosch, Western Cape, Republic of South Africa, and his company, Mirror Trading International Proprietary Limited (MTI), with perpetrating a $1.7 billion bitcoin fraud. The agency stated in its announcement that […]
June 08, 2020
The Securities & Exchange Commission (SEC) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The defendant in the case...
