One of the cases involved an investment company collecting more than $ 1.1 million worth of bitcoin from hundreds of people, claiming to pool them for trading commodities interests then allegedly misappropriating the funds. (ibtimes.com)
Has or has had an account open with a futures commission merchant at any time during the preceding six month period (along with $ 200,000 or more initial margin and option premiums for commodity interest transactions). (iasg.com)
According to the complaint filed in the Eastern District court of New York, Dean attempted to solicit approximately $ 1.1 million in the form of bitcoin from over 600 individuals who were to «participate in a pooled investment vehicle for trading commodity interests.» (ethnews.com)