Former Commodity Futures Trading Commission chair Gary Gensler is joining Joe Biden’s team, in a move that could benefit the role of digital currency and blockchain sectors.
Breonna Clark, who also went by Alexander Pak to her clients, will have to pay $450,302 in restitution to the clients she defrauded.
The CFTC described My Big Coin Pay as a Ponzi scheme which had used false statements to drive up the value of its coin.
The regulator addressed how customer protection provisions of the Commodity Exchange Act apply to digital currencies deposited by futures customers.
Prosecutors announced that they have indicted BitMEX’s founders for violating the Bank Secrecy Act in failing to implement required AML measures.
Laino Group Limited, aka PaxForex, engaged in unlawful retail commodity transactions in ETH, LTC and BTC, the regulator said.
The U.S. Commodity Futures Trading Commission has filed a complaint against four individuals linked to a BTC trading scam.
Three Maryland-based firms and their operators are facing fraud charges after allegedly scamming $28 million from over 1,000 investors.
Michael Ackerman, 51, has pleaded not guilty on counts of money laundering and wire fraud before a district court in New York.
Digital currency investing platform Abra has announced that it would start offering interest-bearing accounts for six digital currencies.
The CFTC plans to move for a default judgment after securing a Certificate of Default against Reynolds, and a Notice of Voluntary Dismissal.