The founder of a Nevada-based company was arrested on Wednesday on federal charg...
BOSTON - The founder of a Nevada-based company was arrested on Wednesday on federal charges he participated in a $6 million scheme to defraud people who wanted to buy a virtual currency called My Big Coin that he claimed was backed by gold.
The indictment came after the U.S. Commodity Futures Trading Commission last year sued the company, Crater and three other men and accused them of participating in a fraudulent virtual currency scheme. “There are dozens and dozens of documents available that show Mr. Crater made every effort to create a viable virtual currency,” he said.
In a Jan. 28, 2015, email, Crater told an investor that “we have 300 million in gold backing us,” the indictment said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stocks making the biggest moves after hours: Kraft Heinz, Dropbox, Zillow and moreSee which stocks are posting big moves after the bell on February 21.
Weiterlesen »
Photos show how big tech is turning Seattle into 'San Francisco North'A massive tech boom led by Amazon and Microsoft is transforming Seattle in much of the same way that tech has changed the San Francisco Bay Area.
Weiterlesen »
This is the year Apple will finally do a big acquisition, predicts analyst Dan IvesApple needs to make a big push into content – and in doing so, it should make a significant acquisition, Wedbush Securities' Dan Ives says.
Weiterlesen »
Oakland Teachers Go on Strike, Demand Big Pay RaisesTeachers in Oakland, Calif., went on strike in the country’s latest walkout by educators over classroom conditions and pay.
Weiterlesen »