The United States Commodity Futures Trading Commission (CFTC) charged Jon Barry Thompson, the head of a Bitcoin escrow service, with a $7 million Bitcoin (BTC)-related fraud.
In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of Easton, Pennsylvania, is charged with “knowingly or recklessly making false representations to customers in connection with the purported purchase of Bitcoins worth over $7 million.”