Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges

Ex-NYSE broker Michael Ackerman has been ordered by a U.S. federal court to pay over $50 million to settle CFTC charges of running a fraudulent crypto trading scheme. By iamsandali

The Commodity Futures Trading Commission said Ohio resident Michael Ackerman has been banned from trading in any markets supervised by the watchdog by a judge at the Southern District of New York court.

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