Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich November 9, 2009

 The CFTC announced that a federal court entered default judgment orders against Robin States and his wife Bernadette Bowden, both of Nova Scotia, Canada, and relief defendant Paul States, of British Columbia, Canada, in a CFTC action charging the defendants with fraudulent solicitation and misappropriation in connection with the operation of commodity pool known as Infinity Online Investors Group.
The default orders find that States and Bowden fraudulently solicited approximately Can$ 643,047 from approximately 900 individuals in the United States, Canada and elsewhere to participate in Infinity. According to the orders, Infinity never did any trading. Instead defendants misappropriated the participants’ funds.