Ohio man ordered to pay more than $50 million over crypto scam

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Ohio man ordered to pay more than $50 million over crypto scam
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A U.S. District Court for the Southern District of New York ordered an Ohio man to pay over $50 million for allegedly operating a multi-million dollar crypto investment scam.

Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.A U.S. District Court for the Southern District of New York ordered an Ohio man to pay over $50 million for allegedly operating a multi-million dollar cryptocurrency investment scam.

ordered to pay $27 million in restitution to the victims as well as $27 million in penalties, the CFTC said Wednesday in aThe CFTC in 2020 alleged that Ackerman"operated a fraudulent scheme that solicited and misappropriated funds to purportedly trade digital commodity assets." More than 150 people and entities deposited at least $33 million with him.

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