Crypto Talks logo Crypto Talks logo
Cryptopolitan 2019-07-12 00:40:36

Texas Federal Court court fines two Americans in Bitcoin soliciting Scam

According to the latest report, the federal court of Texas has fined two American individuals for running a fraudulent operation involving Bitcoin. As per the report, from the mid of January 2017 to September 2018 Kim Hecroft and Morgan Hunt were impersonation the Commodity Futures Trading Commission (CFTC) and soliciting the Bitcoin by convincing them through emails and Facebook to send them Bitcoin for investment projects. Afterward, they informed their clients that they would not be able to withdraw their profits from the investment without paying the taxes to CFTF, in spite of the fact that the CFTF is not

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer