According to the US Department of Justice (DoJ) July 1st, New Jersey resident Blake Kantor was sentenced to jail for 86 months for running a cryptocurrency-related plan. In addition, US District Judge Sandra J. Feuerstein asked him to pay the full compensation of $806,405 to victims who invested in their scam and confiscated $1.5 million and $153,000 in stolen proceeds. It is reported that the scam was conducted by Blue Bit Banc (BBB) to provide binary options.