Promoters of Deceptive Chain Referral Schemes Involving Cryptocurrencies Agree to Settlement with FTC

The promoters of recruitment-based cryptocurrency schemes are permanently banned from operating or participating in any multi-level marketing program, as part of a settlement with the Federal Trade Commission. The FTC obtained a court order in March 2018 against Thomas Dluca, Eric Pinkston, Louis Gatto, and Scott Chandler that stopped their deceptive marketing practices and froze […]