A  New York federal court has ordered Gelfman Blueprint, a Bitcoin-denominated hedge fund, and its CEO Nicholas Gelfman to pay over $2.5 million in civil monetary penalties and restitution in the first Bitcoin fraud action filed by the Commodity Futures Trading Commission (CFTC). CFTC First Bitcoin Fraud Action Results in $2.5 Million Penalty Over $600,000...

The post First Bitcoin Fraud Action Filed by the CFTC, Accused Ordered to Pay Over $2.5 Million appeared first on NewsBTC.

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