Update: “Coin Signals” trader also faces charges from the CFTC

For Jeremy Spence, also known as “Coin Signals,” the news simply gets worse.The Commodity Futures Trading Commission has unveiled civil scams charges versus Spence for his investment scheme, which supposedly suckered investors out of over $5 million worth of Bitcoin based upon false or misleading statements.As Cointelegraph reported, the Department of Justice detained Spence earlier today on charges of wire fraud and commodities fraud that have optimal sentences of up to 30 years combined. The CFTCs civil complaint seeks to return Spences apparently ill-gotten gains back to financiers and to bar Spence from trading in commodity interest writ large. While news like this tends to stigmatize the crypto market, the CFTC, for its part, promoted its intents as attempting to keep digital property markets sincere. The commissions release prices estimate Acting Director of Enforcement Vincent McGonagle as stating: “Fraudulent plans, like that declared in this case, weaken the stability and development of digital property markets and cheat customers out of their hard-earned cash.” In October, the CFTC and DoJ revealed similarly integrated actions, with civil charges versus BitMex and criminal charges against 4 of the exchanges executives. Title: Update: “Coin Signals” trader likewise faces charges from the CFTCSourced From: cointelegraph.com/news/update-coin-signals-trader-also-faces-charges-from-the-cftcPublished Date: Tue, 26 Jan 2021 20:14:47 +0000

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Jeannine Cruz– Earnings I am known as Jeannine Cruz, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about finance and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.

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