Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$23,437.000.47%
  • ethereumEthereum$1,676.041.28%
  • xrpXRP$0.4171601.94%
  • bitcoin cashBitcoin Cash$139.321.26%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

SEC and BitFunder’s Operator Will Conclude Settlement Deal Next Month

Ali Raza by Ali Raza
September 15, 2019
in Crypto news
Reading Time: 3min read
SEC and BitFunder's Operator Will Conclude Settlement Deal Next Month
Rate this post

The United States’ SEC (Securities and Exchange Commission) and BitFunder together submitted a filing on Friday night in which they announced that a settlement was finalized. According to the document, the terms and details of the deal will be announced in October.

For reference, the SEC’s settlement is with the entity that operates BitFunder, which is a closed Bitcoin securities exchange platform. Its owner, Jon Montroll, is currently serving a 14-month sentence in jail for charges that include obstruction of justice and fraud involving securities.

Roughly $170,000 in Fines

The former executive was also ordered by the authorities to pay approximately $170,000 in fines after he pleaded guilty to the mentioned charges two months ago.

Both entities confirmed the latest development on Saturday and informed that the SEC was waiting for the criminal process against the now-imprisoned Montroll to end to offer its finalized recommendation on the case.

The jointly published document stated that both the SEC and BitFunder advised the Court to prompt the Judge in the specific case to have a hearing back on September 10, 2019, to make a decision that involved restitution, and that would be enough to put an end to the criminal proceedings.

The day of the hearing, the judge running the case requested what is called proposed restitution orders from both entities involved, although no determination was made at that moment.

The Case is Still Ongoing

According to the former executive’s lawyer team and the SEC, an official determination should be expected sometime next month. As a result, the case is still considered in the process, and both parties are considering updating its status around the middle of October.

Montroll used to run WeExchange Australia, which was a BTC depository and exchange platform. Of course, he also managed BitFunder, an ecosystem that let customers sell virtual shares of several enterprises while receiving crypto assets in return.

The SEC decided to perform an investigation on Montroll over a failed disclosure of a cyber attack made by people related to the BTC venue Ukyo. The receiving end was BitFunder, and over 6,000 BTC were stolen at the time.

Montroll failed to disclose the hacking event and instead, chose to keep asking for investments. Later down the road, he was also accused of fraud because he took BTC of WeExchange’s clients for himself and sold them for fiat currency.

Tags: BitcoinExchangeSECTrading

Related Posts

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report
Crypto news

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report

February 3, 2023
Bitcoin Price Drops Weekend Gains As Another CME ‘Gap’ Looms Below $20K
Analysis

Bitcoin Price Drops Weekend Gains As Another CME ‘Gap’ Looms Below $20K

January 30, 2023
Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report
Analysis

Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report

January 30, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.