The Commodity Futures Trading Commission (CFTC), a U.S. federal regulatory agency, charged a South African citizen and a global foreign currency commodity pool with alleged fraud and registration violations worth nearly $2 billion in BTC. Fraudulent Scheme Raked in $1.7 Billion in Bitcoin According to a press release on Thursday (June 30, 2022), the CFTC issued a civil enforcement action against Cornelius Johannes Steynberg and Mirror Trading International Proprietary Limited (MTI) before the U.S. District Court in the Western District of Texas. The American regulator alleges that Steynberg, who was in control of MTI, was involved in an international fraudulent […]