CFTC wins record $3.4B penalty payment in Bitcoin-related fraud case By Cointelegraph

© Reuters

A record-breaking $3.4 billion penalty has been handed down by a Judge in a lawsuit brought by a United States financial regulator involving a fraudulent scheme involving (BTC).

An April 27 statement from the Commodity Futures Trading Commission said Texas District Court Judge Lee Yeakel ordered Cornelius Johannes Steynberg to pay the sum for his role in perpetrating a fraudulent commodity pool scheme involving foreign currency transactions and Bitcoin.