CFTC wins $1M Bitcoin/Litecoin fraud trial against Patrick McDonnell and Coin Drop Markets LeapRate

August 24, 2018 BY LeapRate Staff

CFTC wins $1M Bitcoin/Litecoin fraud trial against Patrick McDonnell and Coin Drop Markets

The CFTC has announced that a New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and restitution in connection with a lawsuit brought by the Commodity Futures…

January 22, 2018 BY Valentina Kirilova

CFTC charges CabbageTech Corp. (Coin Drop Markets) for fraudulent virtual currency scheme

The Commodity Futures Trading Commission (CFTC) nformed that it has filed a federal civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Patrick K. McDonnell, of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), a New York corporation, charging them with fraud and…

UN report says North Korea laundered $2 billion theft via Hong Kong firm

January 19, 2018 BY LeapRate Staff

CabbageTech - Coin Drop Markets charged with cryptocurrency fraud scheme

The Commodity Futures Trading Commission (CFTC) has announced that it has filed a federal civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Patrick K. McDonnell, of Staten Island, New York, and CabbageTech, Corp., doing business as Coin Drop Markets (CDM), a New York corporation, charging them with fraud and…

Tag: Coin Drop Markets