Policy
Florida man charged by CFTC over $397 million crypto Ponzi scheme
The Block·August 11, 2026·1 min read
The CFTC charged a Florida man over a $397 million crypto Ponzi scheme, alleging he misappropriated $48 million of customer funds. The agency filed fresh charges against the individual, who is accused of operating the fraudulent scheme. The case highlights ongoing regulatory actions in the crypto space.
Read at The BlockDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.