The US Commodity Futures Trading Commission (CFTC) on Friday announced that it’s fining the founders of a “worthless cryptocurrency” that ran a $4.25m, so-called “binary options” scam involving a virtual currency known as ATM Coin. Their pie-in-the-sky financial promises were rigged with software that put a finger on the scale to tip it away from a customer’s chance to make a profit on their binary-options gamble.

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