CFTC Imposes $54M Default Judgment in Crypto Fraud Scheme
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Key Takeaways The United States Commodity Futures Trading Commission (CFTC) has subpoenaed cryptocurrency exchange Coinbase as part of its investigation into the crypto-based prediction platform Polymarket. The subpoena, issued on January 8, 2025, requires Coinbase to provide customer information aboutโฆ
Key Takeaways In a significant development, the Commodity Futures Trading Commissionโs (CFTC) Global Markets Advisory Committee has endorsed the use of tokenized assets as collateral in derivatives markets. This recommendation, presented by the subcommittee on digital assets, highlights the potentialโฆ
Key Takeaways U.S. Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger emphasized the need for standardized crypto regulations. She was giving a speech at the North American Blockchain Summit on November 21. Mersinger pointed to recent enforcement efforts, such asโฆ
Key Takeaways Leading crypto exchange Gemini, is urging the U.S. Commodity Futures Trading Commission (CFTC) to reconsider its proposed regulation that would ban all event contracts on decentralized prediction markets. The proposal, which was voted on by the CFTC inโฆ
Key Takeaways: Collapsed cryptocurrency giant FTX has reached a significant settlement with the Commodity Futures Trading Commission (CFTC), agreeing to pay $12.7 billion to resolve a high-profile lawsuit.ย The deal marks a pivotal moment in the ongoing saga of FTXโsโฆ
Key Takeaways This week, a notable rift unfolded within the realm of cryptocurrency regulation, triggered by CFTC Commissioner Caroline Pham’s expression of apprehension over the agency’s recent actions against KuCoin, a leading cryptocurrency exchange. Pham’s remarks raised significant concerns regardingโฆ
Key Takeaways The Commodity Futures Trading Commission (CFTC) has launched legal proceedings against crypto platform Debiex, exposing a sophisticated romance fraud scheme that led to the misappropriation of $2.3 million, predominantly from Asian American victims. The CFTC’s statement on Fridayโฆ