A crypto company has been fined $1.1 million for defrauding customers and misappropriating funds, as the CFTC expresses growing concerns about unregistered investment schemes. CFTC Strikes: Fake Fake Company Banned, $1.1 Million Issued The Commodity Futures Trading Commission (CFTC) announced Monday that Mosaic Exchange Ltd. and its CEO, Sean Michael, ordered (…)
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