Monday, November 18, 2024
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CFTC and SEC Hammer Down Bitcoin-Linked Investment Platform 

Two top U.S. financial watchdogs, the United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have filed a cease-and-desist order against XBT Corp. SARL, a.k.a First Global Credit, a Swiss Bitcoin-based securities dealer that allegedly solicited investments from  U.S. investors without registering with the agencies.

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