Tagged: circle society

US District Cour Enters Default Judgment Ordering David Gilbert Saffron and Circle Society Corp. to Pay $32 Million for Crypto Fraud

April 8, 2021 @ 3:12 pm By JD Alois |

The Commodity Futures Trading Commission (CFTC) reports that the U.S. District Court for the District of Nevada has entered a default judgment against defendants David Gilbert Saffron and Circle Society, Corp. for a cryptocurrency fraud and a misappropriation scheme. The final judgment is the result… Read More

CFTC Launches Enforcement Action Against Company Relating to Binary Options on Forex and Cryptocurrency Pairs

October 16, 2019 @ 8:24 pm By JD Alois |

The U.S. Commodity Futures Trading Commission has filed a civil enforcement action against David Gilbert Saffron and Circle Society Corporation, based in Nevada. The CFTC alleges fraudulent solicitation, misappropriation, and registration violations relating to an $11 million binary options scheme Saffron operated through Circle Society…. Read More