US regulators could have prevented FTX contagion, CFTC’s Caroline Pham says
Caroline Pham says she called for public inquiry following the LUNA/UST collapse, which could have prevented the FTX collapse, but the inquiry never materialized.
Latest Commodity Futures Trading Commission News
FTX’s Sam Bankman-Fried loves peanut butter, hates reality
Sam Bankman-Fried launched a Substack account and insisted that FTX's U.S.-facing exchange "remains fully solvent" and would "return all customers' funds."
2022: A year in regulation
The FTX's collapse is the final imperative for global lawmakers to enact a string of regulations in the digital asset sector, while the event also led to a tug-of-war game between two state agencies.
US court orders CFTC to serve lawsuit vs Ooki DAO founders
District Judge William Orrick says the Commodity Futures Trading Commission should serve a lawsuit against Ooki DAO founders Tom Bean and Kyle Kistner, as doing so would satisfy the law's requirements.
3 US agencies throw the fraud book at FTX’s Bankman-Fried
If convicted of eight counts of charges filed by the DOJ, Sam Bankman-Fried could see himself landing 115 years in prison.
US securities regulator demands listed companies disclose ‘crypto’ contagion
In light of the recent FTX collapse, the U.S. Securities and Exchange Commission now wants U.S.-listed firms to disclose any ties to digital asset firms and the risks they have been exposed to.
The law is coming for DAOs
DAOs are not decentralized as they claimed to be, according to Bitcoin Association’s Marcin Zarakowski, who noted that these entities are connected to those deploying them or benefitting from them.
Why Congress needs to act: CFTC Chair Rostin Behnam shares lessons learned from FTX collapse
Regulators in the United States believe regulating the digital currency market is key to preventing events such as the FTX collapse from recurring.
US court orders digital asset fraudster to pay $2.8M following CFTC tussle
A district court in New York mandates Jeremy Spence to pay $2.8 million in connection with a Ponzi scheme involving digital assets such as BTC and ETH between December 2017 and April 2019.
In wake of FTX collapse, New York financial regulator wants its digital asset licensing regime adopted nationally
NYSDFS' Harris claims that New York's regulatory initiatives on digital assets and related products proved to be effective in safeguarding investors, thus the need for it to be adopted nationwide.
CFTC cracks down on digital asset arbitrage scammer
Arbitraging.co claimed to have a highly advanced arbitrage bot that could execute seamless arbitrage ‘crypto’ trading, but it was all a hoax, says the CFTC.
CFTC: The not-so friendly regulator
Digital asset regulation in the United States has a problem. There are too many chefs in the kitchen, and in confusion, some digital dishes are getting burned while others are being snuck out the back door.