CFTC Sues Asian Americans for More Than $3.6M in Digital Asset Fraud
The US Commodity Futures Trading Commission (CFTC) has begun taking legal action against a fake trading platform and its affiliates that defrauded investors out of $3.6 million. The scheme, which targets Asian Americans, involves monetizing fiat and digital assets, on the promise of false futures trading. Instead, the funds were misappropriated and diverted. […]
