The U.S. government intends to intervene in a lawsuit by the Commodity Futures Trading Commission (CFTC) against alleged crypto fraudster Jon Barry Thompson.
According to a report by Finance Magnates, the intervention was made public on Nov. 19, following the government’s filing of a set of documents with the New York Southern District court. Thompson, who has been accused of operating a bitcoin scam and charged with commodities and wire fraud, is in the midst of a lawsuit by the CFTC.
According to the filing, the government’s intervention into the CFTC lawsuit is to prevent interference with a parallel case involving Thompson, United States v. Jon Barry Thompson, 19 Cr. 698.
The filing states,
If this case were to proceed, there would be a risk of significant interference with the Criminal Case. Read More...