Stephen Ehrlich, the former CEO of Voyager Digital, is required to pay 750,000 USD to clients who were defrauded by the company’s operations.
This ruling is based on a consent order issued by a New York federal court, addressing the fraudulent practices of the platform.
The CFTC’s announcement highlights its commitment to safeguarding victims and preventing future fraud.
Ehrlich has also been prohibited from engaging in commodity trading for three years under the ruling.
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