CFTC: Consent order entered against convicted R.I. crypto trader

THE COMMODITY Futures Trading Commission on Thursday ordered Jeremy Spence of Rhode Island to pay $2.9 million in restitution for defrauding more than 170 people in a failed cryptocurrency scheme. Spence is currently serving a 42-month prison sentence after admitting to fraud charges. /PBN FILE PHOTO
WASHINGTON – The Commodity Futures Trading Commission on Thursday ordered a Rhode Island man now serving time in federal prison to pay $2.9 million in restitution for defrauding more than 170 people in a failed cryptocurrency scheme. Jeremy Spence, 26, formerly of Bristol and known on social media channels as “Coin Signals,” created the Coin…

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