Ex-Trader Ackerman Ordered to Pay $54 Million Fine for Crypto Fraud

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Ex-Trader Ackerman Ordered to Pay $54 Million Fine for Crypto Fraud

The former New York Stock Exchange broker Micahel Ackerman has been ordered to pay $54 million in penalties by a federal court for running a crypto fraud, as per a release from the Commodity Futures Trading Commission (CFTC).
A judge at the Southern District of New York court has banned Ackerman from trading in any markets supervised by the financial watchdog, CFTC revealed. ...
Read More: Ex-Trader Ackerman Ordered to Pay $54 Million Fine for Crypto Fraud

Original source: CryptoNews