According to BlockBeats, a statement from the U.S. Commodity Futures Trading Commission (CFTC) showed that on September 7, a judge at the U.S. District Court for the Western District of Texas announced that Bitcoin pool operator MTI was convicted of foreign exchange fraud, illegal registration, and non-compliance with CPO regulations, requiring it to pay $1.7 billion to victims. Earlier, on April 28, a CFTC statement showed that a U.S. court had ordered Bitcoin pool operator Mirror Trading International (MTI) CEO Cornelius Johannes Steynberg to pay $3.4 billion in compensation and fines, setting a record for the highest civil penalty in a case handled by the CFTC.