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Cases / Investment funds & advisory

My Big Coin Pay Inc

Randall Crater, Mark Gillespie

ReportedJan 24, 2018
LocationEast Hampton, NY
Amount$6,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
My Big Coin Pay Inc
Industry
Virtual currency (My Big Coin)
How investors were recruited
Website and solicitation materials distributed nationwide
Pitch & red flags
Claimed coin was "actively being traded on several currency exchanges", "backed by gold", and usable "anywhere MasterCard was accepted"

Pitch phrases from this case

Source

CFTC official

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