U.S. government files charges in $6 million My Big Coin cryptocurrency Ponzi scheme
January 24, 2018 at 16:02 PM EST
On Wednesday, the U.S. Commodity Futures Trading Commission (CFTC) revealed that it has filed a lawsuit against the creators of My Big Coin, an alleged cryptocurrency scam that took naive investors for $6 million. The case, filed on January 16 and unsealed today, charges Randall Crater, Mark Gillespie and My Big Coin Pay, Inc. with commodity fraud and misappropriation of funds raised for a… Read More