Regulatory Series on Cryptocurrencies: US-CFTC Sues Naveda Company in $11 Million Cryptocurrency Fraudulent Scheme

Regulatory Series on Cryptocurrencies: US-CFTC Sues Naveda Company in $11 Million Cryptocurrency Fraudulent Scheme

The complaint was filed on Monday, September 30, 2019. According to the CFTC, David Gilbert Saffron, creator of Circle Society, defrauded at least 14 investors out of $11 million worth of Bitcoin. The …