๐จ CFTC targets Mosaic Exchange Limited in alleged crypto fraud case ๐จ
- The US Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against Mosaic Exchange Limited and its CEO Sean Michael for operating a fraudulent digital asset commodity scheme ๐ผ
- Mosaic allegedly made false claims about assets under management, a proprietary trading algorithm, high-profit margins, and partnerships with crypto exchanges ๐
- CFTC Commissioner Kristin Johnson called the scheme a "sham" and a "virtual house of cards" ๐
What do you think about this case? Share your thoughts in the comments! ๐ #DeFi #crypto
- The US Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against Mosaic Exchange Limited and its CEO Sean Michael for operating a fraudulent digital asset commodity scheme ๐ผ
- Mosaic allegedly made false claims about assets under management, a proprietary trading algorithm, high-profit margins, and partnerships with crypto exchanges ๐
- CFTC Commissioner Kristin Johnson called the scheme a "sham" and a "virtual house of cards" ๐
What do you think about this case? Share your thoughts in the comments! ๐ #DeFi #crypto