From Cointelegraph

June 13, 2025 02:28 am:

Operators of My Big Coin fined $25.8 million by CFTC for crypto scheme, ordered to pay $19.32 million in penalties and $6.44 million to defrauded investors. Defendants barred from market activities. CFTC claims $6 million defrauded from investors. Michael Kruger’s case dropped due to death. Investors warned of potential difficulty in recovering funds.

My Big Coin founder Randall Crater ordered to pay $7.6 million to defrauded investors, denied new trial by appellate court. Sentenced to over 8 years in prison for wire fraud, unlawful monetary transactions, and operating unlicensed money-transmitting business. China warned about US stablecoins, G7 urged to address Lazarus Group threat.

Read more at Cointelegraph: My Big Coin Ordered To Pay $26M In Fines To CTFC