The U.S. Commodity Futures Trading Commission (CFTC) announced that a federal court in Las Vegas, Nevada, issued a Consent Order requiring Defendants Oren Shabat Laurent of Israel and his companies E.T. Binary Options, Ltd., Banc de Binary, Ltd., BO Systems, Ltd., and BDB Services, Ltd. to pay $7.1 million in restitution to U.S. customers who traded the illegal, off-exchange options (in this case, binary options) offered by the Defendants.
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