CFTC

Highlights: Senator Lummis criticizes SEC’s crypto regulations, calling for clear guidelines to reduce uncertainty for digital asset companies. She advocates for Bitcoin and Ethereum to be regulated by the CFTC as commodities, not securities under the SEC. Lummis urges Congress […]

Highlights: California Judge ordered Koo Ichioka to pay $36.4 million for participating in crypto and forex fraud. Ichioka misappropriated funds, promising 10% returns while using money for personal expenses. CFTC warns investors to verify registrations and report suspicious activities to […]

Highlights: The new bill aims to create a Joint Advisory Committee between the SEC and CFTC for crypto regulations. The committee will also include 20 non-governmental members, offering guidance on digital asset policies. It will also explore blockchain technology’s potential […]

Highlights: CFTC partners with federal and private agencies to fight pig butchering scams. The new infographic highlights scam tactics and offers protection tips for consumers. The rise in crypto scams costing billions prompts increased multi-agency fraud prevention efforts. According to […]

Highlights: FTX and Alameda were ordered to pay $12.7 billion to creditors, ending a 20-month CFTC lawsuit. The settlement includes $8.7 billion in restitution and $4 billion in disgorgement, with no civil penalties. The approved reorganization plan offers a 118% […]

Highlights: CFTC investigates crypto fraud involving 15 assets, including memecoin BEN, with the subpoena issued. The agency has focused on Ben Armstrong’s involvement in the meme crypto fraud case. Armstrong admitted to promoting fraudulent memecoins but claimed the BEN incident […]

Highlights: BitMEX admits guilt in breaching the Bank Secrecy Act. Despite claiming to leave the US market, the exchange actively solicited American traders. In 2022, three BitMEX co-founders pleaded guilty to violating AML laws under the BSA. Crypto exchange and […]

Highlights: Coinbase seeks CFTC approval for future products tied to DOT, SHIB, XLM, AVAX, and LINK. These additions aim to enhance trading options and attract institutional investors. The products are scheduled to begin trading on or after July 15. Crypto […]

Highlights: Jump Crypto under investigation by CFTC for trading and investment activities in the crypto sector. Jump Crypto faced setbacks, including hacks and losses from the FTX collapse. The investigation highlights regulators’ focus on crypto market compliance. The Commodity Futures […]