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CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam

Bloomberg Markets·September 30, 2026·1 min read

A federal judge in Florida ordered two individuals to pay over $30 million in restitution and penalties for defrauding more than 9,000 people in a cryptocurrency and precious metals scam, the CFTC said Wednesday. The judgment follows a commission investigation into the scheme, which misappropriated investor funds. The CFTC secured the order as part of its enforcement efforts.

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