US CFTC charges PrimeFX for $1.2 million crypto fraud.

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The US Commodity Futures Trading Commission (CFTC) has busted a massive forex and Bitcoin trading racket and brought civil enforcement charges against eight individuals who were running the scheme. They operated a platform called Prime FX and misappropriated over $1.2 million in clients’ funds. The mastermind of the fraudulent scheme is a Nigerian named Uduakobong […]

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