CFTC Fines Mirror Trading $1.7B for Bitcoin-Related Forex Fraud

United States regulators have made significant progress in addressing the enforcement case against the defunct Mirror Trading International (MTI).

The United States District Court for the Western District of Texas has mandated that MTI pay $1.7 billion in restitution to victims affected by its fraudulent activities involving digital assets and forex, as announced by the Commodity Futures Trading Commission (CFTC) on September 7.