U.S. Judge Rules Virtual Currencies Are Commodities

in news •  7 years ago 

A federal judge ruled that bitcoin can be regulated as commodities by the U.S. Commodity Futures Trading Commission on Tuesday, allowing the CFTC to bring a fraud lawsuit against New York resident Patrick McDonnell and his company Coin Drop Markets, who have fraudulently offered customers virtual currency trading advice, as well as, being an unregistered business with CFTC.  


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7 years ago by

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