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January 24, 2018 09:02 pm GMT

US government files charges in $6 million My Big Coin cryptocurrency Ponzi scheme

On Wednesday, the U.S. Commodity Futures Trading Commission (CFTC) revealed it has filed a lawsuit against the creators of My Big Coin, an alleged cryptocurrency scam that took naive investors for $6 million. The case charges Randall Crater, Mark Gillespie and My Big Coin Pay, Inc. with commodity fraud and misappropriation of funds raised for a virtual currency known as My Big Coin. Read More

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