---
title: "Crypto Fraudster Michael Ackerman to Pay $54M in Damages"
url: https://diffcoin.com/crypto-fraudster-michael-ackerman-to-pay-54m-in-damages/
description: "A former NYSE broker has been ordered to pay $54 million in restitution and penalties for a fraudulent cryptocurrency trading scheme."
published: 2023-06-28
updated: 2023-06-28
author: "Mila"
site: "Diffcoin"
---

# Crypto Fraudster Michael Ackerman to Pay $54M in Damages

A federal court has ordered Michael Ackerman, a former broker of the New York Stock Exchange (NYSE), to pay a staggering $54 million in restitution and fines. The United States… 
 
[Source link](https://cryptobriefing.com/crypto-fraudster-michael-ackerman-pay-54m/?utm_source=feed&utm_medium=rss)