CFTC fines South African CEO $3.4B over Bitcoin MLM scheme

Blog post1 min readUpdated Feb 24, 2025View source ↗

The U.S. Commodity Futures Trading Commission (CFTC) said on April 27 that it has obtained a court judgment against a CEO involved in Bitcoin-related fraud. CEO was involved in Bitcoin MLM The case in question concerns Cornelius Johannes Steynberg of South Africa, who was the founder and CEO of Mirror Trading International Proprietary Limited (MTI). […]. The post CFTC fines South African CEO $3.4B over Bitcoin MLM scheme appeared first on CryptoSlate.

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