Federal Court Fines Operator of Gelfman Bitcoin Fraud $2.5 Million

A New York resident who purportedly operated a Bitcoin ponzi scheme that solicited at least&#160;$600,000 from 80 investors was hit with a $2.5 million fine to settle criminal charges in an enforcement action filed by the CFTC against the&#160;cryptocurrency-related fraud. The court order finds that Gelfman Blueprint, Inc. (GBI) and its principal, Nicholas Gelfman were [&#8230;]<br />Post source: Federal Court Fines Operator of Gelfman Bitcoin Fraud $2.5 Million<br />More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com

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