Tennessee Couple Accused of Scamming Investors Out of $6 Million Through Crypto Trading Scheme

07/26 22:30

The Commodity Futures Trading Commission has filed a lawsuit against Michael and Amanda Griffis, accusing them of scamming over 100 investors out of at least $6 million through a crypto trading scheme called "Blessings Thru Crypto" or "Blessings of God Thru Crypto." The couple promised participants outsize returns by pooling their money to "bet on the future price of cryptocurrency," but the CFTC alleges that they never used the money for actual futures trading.
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