|More from: | Coindesk ||
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/
About | Coindesk |
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space.