$6 Million Ponzi: CFTC Charges “Gold-Backed” Crypto My Big Coin With Fraud

$6 Million Ponzi: CFTC Charges “Gold-Backed” Crypto My Big Coin With Fraud

The post $6 Million Ponzi: CFTC Charges “Gold-Backed” Crypto My Big Coin With Fraud appeared first on CCN

My Big Coin is the cryptocurrency regulators warned you about. The Commodities Futures Trading Commission (CFTC) has filed charges against My Big Coin (MBC) and its founders for misappropriating more than $6 million from customers in a cryptocurrency-fueled Ponzi scheme. While the company gave the illusion it had inked a deal with Mastercard, not to

The post $6 Million Ponzi: CFTC Charges “Gold-Backed” Crypto My Big Coin With Fraud appeared first on CCN

Gerelyn Terzo