UTC-05:00,Monday , September 16th 2019

SEC To Finalize Settlement With BitFunder Operator In October

12:23 Friday , September 13th 2019
The U.S. Securities and Exchange Commission (SEC) and the operator of the shuttered Bitcoin ‎securities exchange BitFunder submitted a joint filing late on Friday (September 13) in support of a settlement, saying the terms would be announced next month.
The exchange owner, Jon Montroll, is already spending 14 months behind bars for securities fraud and obstruction of justice. He was also fined nearly $170,000 after pleaded guilty to the charges in July 2019.
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