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CFTC File Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam

The United States Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action against Nevada-based Circle Society.Defendants guaranteed investors 300% returnOn Oct. 16, the CFTC announced that it was charging Circle Society and its owner, David Gilbert Saffron, with “fraudulent solicitation, misappropriation, and registration violations relating

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Bitwise Set to File Another Application for Bitcoin ETF Following SEC Rejection

The United States Securities and Exchange Commission (SEC), has published an official document describing its ruling on the application for a Bitcoin exchange-traded fund (ETF), filed by Bitwise Asset Management and NYSE Arca.In a not-too-surprising turn off events, the SEC has rejected the Bitcoin ETF application filed by Bitwise Asset

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