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…

Read more