Former NYSE Broker Ordered to Pay $54 Million in Penalties for Crypto Fraud
Former NYSE broker Michael Ackerman has been ordered to pay $54 million in penalties for running a cryptocurrency fraud scheme, defrauding investors and misusing funds. Key Points A federal court has ruled that former New York Stock Exchange (NYSE) broker Michael Ackerman must pay $54 million in penalties for running a cryptocurrency fraud scheme, according to a press release from …
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