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US CFTC Takes Civil Enforcement Action Against $11M Crypto Scam Circle Society

US CFTC Takes Civil Enforcement Action Against $11M Crypto Scam Circle Society – AllStocks Network

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the Nevada-based corporation Circle Society and its owner, David Gilbert Saffron of Las Vegas, for Ponzi-like cryptocurrency scam and registration violations relating to an $11 million cryptocurrency fraud operation.