Tag: Coin Signals

May 13, 2022 BY Steffy Bogdanova

Coin Signals’s Jeremy Spence sentenced to prison

Spence managed to solicit over $5 million through false representations. He claimed that his crypto trading had been extremely profitable when, in fact, it had been consistently unprofitable. As a result of his claims, investors transferred additional funds to him. In over one month, He recorded net losses in the accounts in which he traded…

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CFTC penalty
April 26, 2021 BY PureContent

Coin Signals’ Jeremy Spence to pay $44m penalties at CFTC request

The civil monetary fine that Spence will have to pay amounts to $33 million according to the latest CFTC order, with restitution penalties totalling just over $11 million to be paid to Coin Signal customers who fell victim to the fraudulent scheme. The initial complaint stated that Spence eventually conceded to Ponzi victims that he…

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