User:Smallbones/Pres2

BDB timeline

 * Founded 2009 or 2010
 * January 2013 - Registered with Cyprus SEC
 * June 6, 2013 - Civil suits by SEC & CFTC in US
 * July 2013 - Temporary injunction in US


 * June 2014 - $10,000 paid editing offer (WSJ)


 * Jan. 2016 - 1st of 4 CySEC fines
 * Feb. 2016 - CFTC wins suit
 * $11 million fine,
 * permanent injunction - cannot solicit US traders "directly or indirectly"
 * Feb. 2016 - Trading with Israeli clients prohibited
 * March 2016 - Articles in Israeli newspapers
 * May 2016 - Australian regulator action
 * August 2016 - France and Belgium actions


 * Jan. 2017 - Israeli Knesset hearings on full prohibition
 * Announce closing Jan. 9, close offices, CySEC registration ends Jan. 15

Next