New York resident William Koo Ichioka has agreed to pay $36 million in a CFTC case over cryptocurrency and forex fraud.

- Judge Vince Chhabria ordered Ichioka to pay $31 million to investors and a $5 million fine.

- Ichioka promised a 10% return every 30 business days while falsifying financial statements.

- Investors' money was spent on luxury apartments, watches, and cars.

📉 Regulators continue to tighten control over the crypto market.