The charges, which the CFTC filed and settled on the same day, were for "reckless false, misleading or inaccurate reporting" as well as wash trading on its GDAX digital asset platform.
The Coinbase-owned GDAX exchange will officially turn off the lights on June 29 to make way for Coinbase Pro which will provide a number of upgraded features and enhancements not seen on GDAX.
The exchange introduces an Index Fund for cryptocurrencies designed to give investors a clearer picture of major trends in the industry.
