Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich September 4, 2009

The CFTC filed an enforcement action charging Beau Diamond and Diamond Ventures with operating a $37 million foreign currency Ponzi scheme that allegedly defrauded at least 200 investors. It is seeking repayment of investor losses, repayment of funds received by the defendants, civil monetary penalties, and permanent injunctions prohibiting the defendants from engaging in further trading.