CFTC Accuses Ohio Man of $12M Bitcoin Ponzi Scheme; Binance Recovers $450K Stolen From DeFi Protocol

Name: CFTC Accuses Ohio Man of $12M Bitcoin Ponzi Scheme; Binance Recovers $450K Stolen From DeFi Protocol
Uploaded: 2022-08-12T19:56:51Z
Duration: 1 min 74 s
Description: The U.S. Commodities Futures and Trading Commission (CFTC) has taken legal action against an Ohio resident it says ran a $12 million Ponzi scheme involving bitcoin. Plus, Binance CEO Changpeng Zhao tweets the crypto exchange has frozen or recovered $450,000, which was stolen from decentralized finance protocol Curve.Finance earlier this week.

Aug 12, 2022

The U.S. Commodities Futures and Trading Commission (CFTC) has taken legal action against an Ohio resident it says ran a $12 million Ponzi scheme involving bitcoin.

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