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The Commodity Futures Trading Commission (CFTC) is wrapping up its case against CabbageTech owner and accused crypto-fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple.
The U.S. regulator is seeking a permanent injunction against McDonnell, who allegedly defrauded investors out of nearly $500,000, according to a lawsuit the CFTC filed in January.
The case has already seen notable developments on the regulatory front, including a ruling from March that backed the agency’s
Read full article » https://www.coindesk.com/federal-judge-wavers-as-cftc-seeks-injunction-in-crypto-fraud-case/
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