CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptoknowmics 2023-07-29 06:30:04

CFTC Charges Tennessee Couple in $6M Crypto Scam

A Tennessee couple has been charged by the U.S. Commodity Futures Trading Commission (CFTC) over a $6 million digital asset investment scam called “Blessings of God Thru Crypto.” In its recording with the Center Region of Tennessee, the organization claimed that Michael and Amanda Griffis, a real estate professional couple from Clarksville, Tennessee, swindled more than 100 financial backers from 10 states. It is alleged that the couple persuaded investors to contribute funds to a pool for the purpose of trading commodity futures contracts. Styled as “Endowments of God Through Crypto,” the pool was suspected to permit financial backers to The post CFTC Charges Tennessee Couple in $6M Crypto Scam appeared first on Cryptoknowmics-Crypto News and Media Platform .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.