U.K. Man Must Pay $571 Million Over Stolen Bitcoin, CFTC Says
- Benjamin Reynolds took more than 20,000 tokens, agency says
- Current whereabouts unclear; he didn’t respond to CFTC suit
Photographer: Ozan Kose/AFP/Getty Images
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A U.K. man accused of scamming consumers into sending him more than 20,000 Bitcoin has been ordered to pay $571 million in penalties.
But collecting the money could be tough because U.S. authorities don’t seem to know where the alleged fraudster, Benjamin Reynolds, is.