United States Department of Justice on February 21, the U.S. Department of Justice Southern New York prosecutors and FBI officials jointly announced due to the provision of false testimony and to the United States Securities and Futaly Commission (SEC) staff to provide false documents in Bitcoin as currency Jon Montroll, founder of BitFunder, the unit's stock exchange, was arrested by the federal government.
In addition to these allegations, the SEC instituted a civil lawsuit against Montroll in another operation, claiming he ran a securities exchange that was not licensed to cheat investors.
BitFunder was established in December 2012 and holds approximately $ 16 million in assets in July 2013. It ceased operations with U.S. nationals in October of the same year and announced the termination of trading on November 14 for the deposit and exchange of bitcoins managed by Montroll WeExchange service providers do publicity.
The above Department of Justice statement said BitFunder is the target of hacking.
Prosecutors claimed that in November 2013, Montroll had sworn an affidavit to the SEC New York District Office and provided a balance sheet showing BitFunder users had about 6,700 bitcoins in WeExchange Wallet as of October 13, 2013, but this is Misleading falsification of data, Montroll transferred a partial portion of the currency to WeExchange in an attempt to cover the loss, and actually held a few thousand bitcoins less than Montroll reported.