CFTC sues decentralized autonomous organization and its token holders
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.
Latest cftc News
BitMEX’s active user base is now 100% KYC verified
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 resigns
BitMEX CEO Arthur Hayes as well as other BitMEX executives have stepped down from their position at the exchange and its holding company.
CFTC to develop a holistic framework for digital currencies by 2024
The CFTC has unveiled its strategic plan for 2020-2024. The plan includes creating a holistic framework to promote responsible innovation in digital assets.
CFTC requests entry of default against $33 million Q3 scam
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.
Compcoin digital currency busted by the US CFTC as a scam
Florida-based Fintech Investment Group and Compcoin LLC never intended to introduce a legitimate digital asset, asserts the regulator.
CFTC default on $147M digital currency Ponzi scheme
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.
US CFTC takes step forward to provide guidance on digital assets
The financial regulator has laid down the law on what constitutes delivery of digital assets.
Colorado resident charged with fraud over crypto Ponzi scheme
The US CFTC is going after the Colorado woman for scamming investors out of more than $500,000.
CFTC to weigh in on SEC’s battle with Telegram
The Commodity Futures Trading Commission has been asked for input on the case.
CabbageTech founder sentenced to 33 months in prison
Patrick McDonnell, the founder of CabbageTech crypto scam has been sentenced to 33 months in prison and a $fine for deceptive business practices.
This week in tech: Criminals booked as IBM and Telefonica lead adoption
The week witnessed a number of legal actions against blockchain and crypto criminals, led by the DoJ. IBM, Telefonica and Spain’s CaixaBank led the adoption of blockchain.