The Federal district court for the Eastern district of new York received three lawsuits from the CFTC (Commission on trade in commodity futures of the USA) where companies and individuals who registered at the CFTC, are suspected of organizing fraudulent schemes with cryptocurrencies.
In one of the lawsuits charges brought against Dillon Michael Dean (Michael Dean Dillon) and his company Headquarters Limited Entrepreneurs. A businessman from Colorado attracted more than 600 investors who invested in the project Dina of approximately $1.1 million in bitcoins. The collected funds were intended ostensibly to create a Fund trading commodity derivatives and purchase binary options, but in the hands of the suspects.
Patrick McDonnell Kerry (Kerry Patrick McDonnel) from new York – the suspect in the second claim of the CFTC. The businessman and his company CabbageTech are accused of misappropriation of digital assets of clients who McDonnell as critobulus investment guaranteed profit up to 300%, but after sending the funds to the specified address disappeared.
On the third claim information not yet available.
It is known that the position of the CFTC on this issue and reiterated the same: bitcoin and other cryptocurrencies are commodities. The head of the Commission, John. Christopher Giancarlo (J. Christopher Giancarlo) said cryptocurrency was a difficult and unique challenge for the CFTC.