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Bitcoinist 2024-07-05 01:00:54

Crypto Ponzi Scheme Busted: US Court Orders Hedge Fund Owner To Pay $84 Million

In the crypto world, a Chicago federal judge has ordered Sam Ikkurty, an Oregon resident, and his associated companies to pay over $120 million to victims defrauded in what the Commodity Futures Trading Commission (CFTC) has labeled a “classic Ponzi scheme.” The July 2nd ruling by Judge Mary Rowland marks a significant victory for the

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