CFTC Requests Default After Failing to Find $147M Bitcoin Ponzi Operator

Cointelegraph

Published Apr 04, 2020 08:50AM ET

Updated Apr 04, 2020 10:20AM ET

The United States Commodity Futures Trading Commission (CFTC) has requested that the alleged founder of the crypto $147 million Ponzi scheme Control-Finance be declared a default.

On April 3, the CFTC filed for a ruling of default after Control-Finance’s alleged founder and director, Benjamin Reynolds, did not respond to the regulator’s complaint.

Continue Reading on Coin Telegraph