Injunction Recommended Against Promoters Of Bitcoin Pyramid Schemes

Mealey's (March 27, 2018, 3:57 PM EDT) -- FORT LAUDERDALE, Fla. — A Florida federal magistrate judge on March 23 recommended granting the Federal Trade Commission’s motion for a preliminary injunction against four individuals that the FTC says created and promoted illegal bitcoin referral schemes that were falsely represented as bona fide money-making opportunities to consumers (Federal Trade Commission v. Thomas Dluca, et al., No. 0:18-cv-60379, S.D. Fla.)....