https://steemitimages.com/DQmZUNtN5ZXPS8ZSRQfmPkHJErMf9WKgduH74oh9DGFP8gj/1200px-US-CFTC-Seal.svg_-1024x1024.pngCFTC blamed my Big Coin "Complaints have been made by customers using the funds for purchasing [...] more personal expenses and luxury goods, than those of $ 6 million". The complaint against the founder of Revolutionary Currency Mark Gillespie, Randall Crater, is alleged to have been demanded by the client, and my Big Coin, Inc.

My Big Coin has been charged that "in the midst of other claims, due to false and misleading claims about the value, use and status of the business, punish potential and current MBC customers across the United States The allegation is "the company" paid [customers] to [[]] [who] was received from other customers by fraud in the manner of a Ponzi scheme. "

In the District of Massachusetts, more than $ 5 million US dollars seized from fraud "

https://steemitimages.com/DQmVwbKAmUyfFJQXF6LEt2P6cXcLcZJ1ahjyG4c8Xk6KHeQ/shutterstock_627819194.jpgCFTC's Enforcement Director James MacDonald said: "As this case shows, CFTC is actively monitoring the virtual currency markets and strictly implement anti-fraud provisions of the Commodity Exchange Act, apart from harming customers, Fraud in relation to virtual currencies prevents the development of potentially market growth in this area. Above are once again warning the virtual currency customers, they should engage in appropriate due diligence before buying virtual currencies. "

Adam Tracy, a lawyer representing my Big Coin, told Reuters that "The allegations contained in the complaint of the CFTC are allegations, allegations are being made, and I am working with my client in the coming days so that the answers to the complaint be prepared. Could. "

Misappropriated Funds Used for Personal Purchases

https://steemitimages.com/DQmVYx5ugab2FFobUCjLdi2vvuKDt37s75GGa2fk1WqRADm/shutterstock_367202705-1024x1024.jpgAfter accusations of "transferring customer funds into private bank accounts" on the accused, there is a charge of spending approximately "$ 6 million" on personal purchases. The above purchases include "a house, antiques, fine arts, jewelry, luxury goods, furniture, interior decorating and other home improvement services, travel and entertainment."

In the CFTC filing, there will be a demand for "civil monetary penalty, compensation, redress, violation of failure, trade and registration restrictions" against defendants.