Cryptocurrency executives charged with running $11 million Ponzi scheme

Cryptocurrency executives charged with running $11 million Ponzi scheme | ZDNet

Executives of a US company are being accused of raising at least $11 million through a cryptocurrency-based Ponzi scheme. This week, the US Commodity Futures Trading Commission (CFTC) said that a civil enforcement action has been filed against David Gilbert Saffron and Circle Society, Corp., a Nevada-based firm.