CFTC’s Subpoena Targets BitBoy’s Former Company Hit Network

Regulatory scrutiny intensifies as CFTC issues subpoena to Hit Network, formerly associated with BitBoy, for alleged fraud
CFTC’s Subpoena Targets BitBoy’s Former Company Hit Network
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The U.S. Commodity Futures Trading Commission (CFTC) has issued a subpoena to Hit Network, previously associated with prominent crypto influencer BitBoy, over suspected fraud. This action highlights the increasing regulatory oversight in the cryptocurrency sector. The CFTC's investigation aims to uncover potential fraudulent activities within the network, reflecting a broader crackdown on crypto-related fraud.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.

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