CFTC Sues Over $3.6M in Digital Asset Fraud Targeting Asian Americans

The US Commodity Futures Trading Commission (CFTC) has taken legal action against a fake trading platform and its associates for defrauding investors of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in digital and fiat assets with false promises of trading commodity futures contracts. Instead, the funds were embezzled and embezzled (…)