The CFTC has taken a very keen interest in cryptocurrency-related projects. The agency keeps a close eye on initial coin offerings, but they also target alleged scams. As a result of this aggressive stance, the CFTC filed federal court enforcement action against My Big Coin. The company raised over US$6 million from various investors, but the funds have allegedly been used for personal expenses and luxury goods. My Big Coin Turns Into Another Scam Cryptocurrency users all over the world are all too aware that there are numerous scams in this particular industry. It has become increasingly easy to defraud
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