Jon Barry Thompson used his company to induce investors to engage in cryptocurrency transactions by promising that his companies would act as custodians and thereby “minimise settlement default risk”. He is facing two counts of commodities fraud and two counts of wire fraud. The case was investigated by the Federal Bureau of Investigation with help from the Commodity Futures Trading Commission (CFTC).

https://micky.com.au/bitcoin-fraud-cryptocurrency-escrow-company-head-charged-with-stealing-7-million/