CFTC slaps $36M fine on man for 5-year crypto investor fraud

The United States regulator has fined a New York resident $36 million for allegedly swindling crypto investors by promising high returns and using the funds to support his lavish lifestyle. According to a Sept. 20 statement, the Commodity Futures Trading Commission (CFTC) ordered William Koo Ichioka “to pay $31 million…

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