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Tuesday, April 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Digital Currency

A federal court in Texas found two people involved in an alleged multi-million dollar digital currency investor fraud scheme in contempt of court and ordered them jailed until they comply with the court’s previous orders. The defendants claimed in court documents that the Securities and Exchange Commission is “illegitimate,” and “actively resisted” the commission’s pre-litigation investigation.  

AUSTIN, Texas — A federal court in Texas found two people involved in an alleged multimillion-dollar digital currency investor fraud scheme in contempt of court and ordered them jailed until they comply with the court’s previous orders. The defendants claimed in court documents that the Securities and Exchange Commission is “illegitimate,” and “actively resisted” the commission’s prelitigation investigation.  

Categories / Courts, Securities

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