US FTC Sues Startup for Allegedly Misusing Raised Funds on Bitcoins and Credit Card Bills36.1

The U.S. FTC is suing iBackPack of Texas for allegedly spending its raised funds on bitcoins rather than the stated products

Original source
https://cointelegraph.com/news/us-ftc-sues-startup-for-allegedly-misusing-raised-funds-on-bitcoins-and-credit-card-bills

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