Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin

(Bloomberg) -- A US judge has ordered a South African executive to pay more than $3.4 billion in restitution and fines for a fraud scheme involving Bitcoin — the highest-ever civil monetary penalty in any US Commodity Futures Trading Commission case.Most Read from BloombergTesla Drops Model Y Starting Price Below the Average US VehicleFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyUS Economic Growth Slows to 1.1% While Inflation AcceleratesGermany in Talks to Limit Export o