Federal Court Orders Binary Options Firm and Owners to Pay Over $204 Million in Monetary Sanctions for Fraudulent Binary Options Scheme
March 14, 2024
March 14, 2024
WASHINGTON, March 14 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of Texas entered an order of final judgment against , , , all believed to be residents of Israel, and , a Seychelles corporation. The order finds them liable for offering illegal, off-exchange binary options and committing fraud in connection with the illegal offering. . . .
The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of Texas entered an order of final judgment against , , , all believed to be residents of Israel, and , a Seychelles corporation. The order finds them liable for offering illegal, off-exchange binary options and committing fraud in connection with the illegal offering. . . .