CFTC fines and fees collection up 39% to $1.3B in 2019
While the civil penalties for the FY2019 have reduced, the fines and fees are up 39%, with disgorgement fees making up the bulk.
Latest Commodity Futures Trading Commission News
US gov’t can intervene in $7M BTC fraud case, New York judge rules
Presiding in the New York Southern District Court, Judge Loretta A. Preska ruled in favor of the U.S. government in the civil case against alleged BTC scammer Jon Barry Thompson.
‘Worthless’ cryptocurrency operators ordered to pay $4.25M
Nathan Mullins and Blake Harrison Kantor were charged with fraud, basing the allegations on a binary option scam that involved virtual currency that was dubbed as “ATM Coin.”
BitMEX under investigation for violating CFTC regulations
BitMEX tries to deny access of American users to its platform, but a new CFTC investigation is looking into if they got on anyway.
2 suspects fined $360,000 in latest BTC fraud scandal
Morgan Hunt and Kim Hecroft were accused of misrepresenting the U.S. Commodity Futures Trading Commission in a bid to part investors from their BTC.
CFTC to pursue defunct UK fraud crypto scheme firm, founder
The U.S. regulator is taking action against the now-defunct Control-Finance Limited and its director in connection with the alleged frauds.
My Big Coin founder arrested, charged with fraud
Randall Crater, founder of My Big Coin and MBC crypto, is being charged with four counts of wire fraud and three counts of unlawful monetary transactions.
Dr. Craig Wright affirms he’s Satoshi, wants to address CFTC
In an effort to help redirect the crypto vision and put things back in order with how they were originally intended, Dr. Craig Wright has become more vocal in publicizing the fact that he is, indeed, Satoshi Nakamoto.
Nasdaq defies plummeting prices to push ahead with crypto futures in 2019
Stock exchange firm Nasdaq will reportedly continue with plans that will see them launch BTC futures in 2019 despite the ongoing price slide, according to sources close to the company.
Crypto fraud scheme lands US trader in jail, plus $1.1M in fines
The Commodity Futures Trading Commission (CFTC) has weighed in with its latest penalty, following multi-agency efforts to bring a fraudulent crypto trader to justice.
NY court orders crypto scammer to pay $3 million
The New York Southern District Court has ordered the perpetrator of a BTC Ponzi scheme to pay about $3 million in penalties and restitution.
CFTC official issues warning over smart contracts, predictive code
A CFTC commissioner has warned smart contract developers that they could be held liable for blockchain functions deemed to be "predictive event contracts."