The Commission on trade commodity futures (CFTC) has decided to impose a fine of $990 thousand was registered in the Marshall Islands 1pool company Ltd, also known as 1Broker, and its founder Patrick Brunner.
The accusations against the organization and its head was made due to violations by Federal laws and implementing sales schemes bitcoin swaps with the characteristics of the securities.
Also, according to the regulator, trade was conducted without complying with the “controlled investment limits” and without registering as a broker on the derivatives market, as well as violations of the AML procedures. Among the clients 1pool Ltd were citizens of the United States and other countries.
The CFTC imposed a fine of $175 thousand. In addition, the company is required to return the $246 thousand of illegally obtained profits. In addition, users of the platform from the United States 1pool should return almost 93 BTC.
We will remind, last year the CFTC issued guidance for exchanges and clearing houses planning to start work in derivative financial instruments on the basis of cryptocurrency.