![[Information] CFTC can not be found responsible for more than $ 140 million Ponzi scheme who encryption](https://img-blog.csdnimg.cn/20200108133653820.PNG?x-oss-process=image/watermark,type_ZmFuZ3poZW5naGVpdGk,shadow_10,text_aHR0cHM6Ly9ibG9nLmNzZG4ubmV0L2Vvc3RhbGs4MTgx,size_16,color_FFFFFF,t_70)
US financial regulator the Commodity Futures Trading Commission (CFTC) has been on a value of approximately $ 147 million in bitcoins program launched recently discovered legal proceedings.
The allegation is against a UK-based Control-Finance Ltd company called deceived the company has as many as one thousand investors, bought at least 22,000 Bitcoin.
CFTC has not evaded name, and referred to Benjamin Reynolds (Benjamin Reynolds), he was directly involved in the work of the Control-Finance Ltd, from May 2017 began to participate in the development of encryption currency until recently was discovered.
The plan is to plan your run of the mill pyramid, the company will rely on its internal professional currency traders encryption daily commitment to the team returns to investors. Needless to say, those who joined the company early stage is to obtain a "profit" from the investment unfortunate few latecomers in.
Financial news media reported January 6, the US Commodity Futures Trading Commission has filed a motion New York Southern District Court. More precisely, the regulator issued a deadline by service providers to Reynolds in the "Daily Telegraph", and have extended the period of sixty days of its serving.
![[Information] CFTC can not be found responsible for more than $ 140 million Ponzi scheme who encryption](https://img-blog.csdnimg.cn/20200108133735997.PNG?x-oss-process=image/watermark,type_ZmFuZ3poZW5naGVpdGk,shadow_10,text_aHR0cHM6Ly9ibG9nLmNzZG4ubmV0L2Vvc3RhbGs4MTgx,size_16,color_FFFFFF,t_70)
A major Bitcoin Ponzi scheme
In mid-June, CFTC Ponzi scheme launched litigation against the company alleged $ 147 million Bitcoin (BTC). CFTC filed a lawsuit against Reynolds to the court on the grounds that at least 22,858 more than a thousand suspected fraud Bitcoin investors.
According to reports, the memorandum of the motion, the regulators try to Finance company documents classified as "service address" in service to Reynolds for the management of the company plans Control. When the process server arrived at the address, he found that the address does not actually exist.
CFTC also try to send an e-mail to the e-mail address is only known by Reynolds and Reynolds and its associated company, but returned an error message stating that the message could not be delivered. Regulators from the affected investors learned there, Ulsan district attorney's office is also investigating the program, but also failed to contact Reynolds.
![[Information] CFTC can not be found responsible for more than $ 140 million Ponzi scheme who encryption](https://img-blog.csdnimg.cn/20200108133820739.PNG?x-oss-process=image/watermark,type_ZmFuZ3poZW5naGVpdGk,shadow_10,text_aHR0cHM6Ly9ibG9nLmNzZG4ubmV0L2Vvc3RhbGs4MTgx,size_16,color_FFFFFF,t_70)
Encryption currency scam
Scammers have long been using to attract investors and deceive unsuspecting around encryption currency speculation enthusiasm. Although Lewis formerly prevent such illegal acts efforts made, but with Martin Lewis similarity Bitcoin scam ads are still appearing on social media.
One particularly well-known encryption related currency scam is OneCoin, which is a $ 4 billion pyramid scheme. The scam was first discovered in May 2015. However, litigation is still in progress, OneCoin site was only closed in early December last year,
