The Commodity Futures Trading Commission filed a complaint in the U.S. District Court for the Southern District of Texas against four individuals for fraudulently soliciting funds from customers to speculate in Bitcoin price movements. According to the complaint, from August 2016 through October 2017, the ‘Global Trading Club (GTC)’ was portrayed as employing ‘master traders’ with years of experience in ‘crypto currency’. The GTC promised to trade Bitcoin for its customers 24 hours a day, 7 days a week, using ‘cutting edge trading robots’. Additionally, customers were promised that increases in their deposits would ... (full story)