"In a press release, the Commodity Futures Trading Commission (CFTC) announced that they were filing a "a civil enforcement action" in Texas against a South African man identified as Cornelius Johannes Steynberg. According to the press release, Steynberg was the chief executive officer of Mirror Trading International Proprietary Limited, which was described as a "a global foreign currency commodity pool that only accepted Bitcoin to purchase a participation in the pool, with a value of over $1,733,838,372."

"This action is the largest fraudulent scheme involving Bitcoin charged in any CFTC case," the press release said."

Cryptocurrency CEO Used Social Media to Steal $1.7B of Bitcoin: Officials