Former 'Simply Unlucky' Probed for Fraud: CFTC Targets Crypto Community.
In the world of cryptocurrency, the Commodity Futures Trading Commission (CFTC) has initiated an investigation into potential fraudulent activities involving 15 different tokens, including the memecoin BEN This investigation has prompted a subpoena to be issued to Hit Network, a media company with ties to Ben Armstrong, popularly known as “BitBoy” in the crypto community The subpoena, issued on July 16, requests information on trading activities and digital wallets linked to the 15 tokens under scrutiny ### CFTC’s Investigation Focuses on Individuals Suspected of Fraud The focus of the CFTC's investigation is on individuals believed to be involved in fraudulent and illicit activities within the digital currency space While the subpoena does not directly name Armstrong, the tokens in question were prominently featured in his videos...
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