US SEC and CFTC charge bitcoin-funded securities dealer and CEO

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission are suing a securities dealer and its CEO for allegedly violating federal securities laws in connection with security-based swaps funded with bitcoins.

In a press release, the SEC announced that it had filed charges against Marshall Islands-based 1pool Ltd, also known as 1Broker, and its Austria-based CEO Patrick Brunner for soliciting investors in the USA and around the world to buy and sell security-based swaps.

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