The U.S. regulator settled with bZx founders for $250,000 for illegal margined and leveraged commodity transactions, while also suing the Ooki DAO and its token holders.
BitMEX's active user base is now 100% KYC verified. After the exchange was sued by the CFTC and DOJ it has taken steps to become compliant.
BitMEX CEO Arthur Hayes as well as other BitMEX executives have stepped down from their position at the exchange and its holding company.
The CFTC has unveiled its strategic plan for 2020-2024. The plan includes creating a holistic framework to promote responsible innovation in digital assets.
The CFTC has filed a motion for an entry of default against Q3 and its founder. The firm scammed $33m from investors to purportedly trade digital currencies.
Florida-based Fintech Investment Group and Compcoin LLC never intended to introduce a legitimate digital asset, asserts the regulator.
The CFTC has requested default and a voluntary dismissal of its action against Control-Finance and its operator Benjamin Reynolds who it claims defrauded $147M.
Patrick McDonnell, the founder of CabbageTech crypto scam has been sentenced to 33 months in prison and a $fine for deceptive business practices.