US court orders operator of fraudulent crypto scheme to pay £1.9 million

A US federal court has ordered Dillon Michael Dean and his UK-registered company, The Entrepreneurs Headquarters Ltd (TEH), to pay over $1.9 million in "civil monetary penalties and restitution".

Following a complaint by the Commodity Futures Trading Commission, the US District Court for the Eastern District of New York has found that Dean, from Colorado, and TEH had "engaged in a fraudulent scheme" to solicit bitcoin from the public.

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