The U.S. Commodity Futures Contracts Commission (CFTC) has taken action against the CEO of a crypto firm considered to be fraudulent.
The CFTC, which regulates commodity markets in the US, took action against the CEO of the cryptocurrency firm known as “Arbitraging.co”.
According to the statement made by the CFTC, the CEO of the company, Jeremy Rounsville, “a highly developed arbitrage bot” defrauded investors by saying that they use
According to the CFTC’s statement, these claims “It wasn’t true”. According to the statement made by the Commodity Futures Contract Commission, the bot used by Arbitraging.co, “Never act on behalf of investors. did not”.