CFTC Orders Utah Man to Pay $2.5 Million for “Leveraged Bitcoin Fraud” - News View - Latinos del Mundo

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News Home » Browse News » CFTC Orders Utah Man to Pay $2.5 Million for “Leveraged Bitcoin Fraud”

CFTC Orders Utah Man to Pay $2.5 Million for “Leveraged Bitcoin Fraud”

Posted by - Latinos MediaSyndication -

on - September 9, 2023 -

Filed in - Business -

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The Commodity Futures Trading Commission (CFTC) has ordered that Jacob Orvida, a Utah man, pay restitution and a penalty of $2.5 million for allegations of fraud in a leveraged Bitcoin ploy. According to the CFTC, Orvida solicited investors to join a commodity pool to trade... Read More

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