CFTC Says Israeli Co. Fibbed About ‘No Risk’ Trading Scheme – Law360 - Freelance Rack

Work from Home freelancing

Post Top Ad

Post Top Ad

Wednesday, May 6, 2020

CFTC Says Israeli Co. Fibbed About ‘No Risk’ Trading Scheme – Law360

Law360 (May 6, 2020, 9:35 PM EDT) — An Israeli digital marketing company has been fraudulently telling prospective customers they could have free access to automated trading software that purported to trade assets with “no risk and guaranteed profits,” according to a Florida federal lawsuit filed Tuesday by the Commodity Futures Trading Commission.

The CFTC is seeking to bar Tel Aviv-based Digital Platinum Inc. and its agents from continuing to violate the Commodity Exchange Act by deceiving customers with binary options and digital assets marketing schemes, according to the 54-page complaint.

From at least October 2013 until November 2016, the CFTC said DPL “willfully aided and abetted” non-party All…



No comments:

Post a Comment

Post Top Ad