SA CEO fined $3.4bn for bitcoin fraud

A federal judge in Texas has ordered a South African company to pay $3.4 billion (R62.35 billion) in what has been described as the US commodities regulator’s largest fraud case involving Bitcoin as reported by Dispatch Live. Cornelius Johannes Steynberg, who was charged by the Commodity Futures Trading Commission (CFTC) in July, was ordered to … Continue reading SA CEO fined $3.4bn for bitcoin fraud