【IcomTech executives ordered to pay over 5 million dollars for fraudulent Bitcoin trading scheme】

According to reliable news, a California court has ordered five individuals involved in the IcomTech "Ponzi scheme" to pay over 5 million dollars for committing fraud and misappropriating stolen funds through a fake Bitcoin trading plan. The U.S. Commodity Futures Trading Commission (CFTC) stated in a declaration on December 11 that a default judgment found David Carmona, Juan Arellano Parra, Moses Valdez, and David Brend liable for all violations of the Commodity Exchange Act and CFTC regulations alleged in the complaint, while Marco A. Ruiz Ochoa received a consent order.