CFTC Hits Crypto-Forex Scheme with Fraud Charges

The US Commodity Futures Trading Commission (CFTC) today announced that it has filed charges against a crypto-forex scheme operator for fraudulently soliciting nearly $1.6 million from investors to trade in foreign currency .
This particular case involves an ICO to fund building out a blockchain that leverages artificial intelligence to trade in the currency markets.
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According to the complaint, Alan Friedland and hi…

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