CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi
In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to the markets as he pledged heightened crackdown.
Latest Ian McGinley News
South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over $1.7 billion.
DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings
The CFTC charged three DeFi protocols for illegally offering leveraged retail commodity transactions, with the regulator claiming using smart contracts doesn't exempt them from the law.
CFTC lodges complaint against 4 individuals for defrauding investors
CFTC has filed a complaint against four individuals for defrauding investors by falsely claiming to possess a proprietary trading tool for digital currencies.
California man charged in landmark CFTC pig-butchering scam enforcement
The regulator alleges that the man led a California operation that used online romance to swindle over $1.3 million from investors under the guise of ‘crypto’ trading.
CFTC wins precedent-setting lawsuit against Ooki DAO
U.S. District Judge William Orrick ruled in favor of the CFTC in its lawsuit against Ooki DAO, ordering Ooki DAO to shut down and pay a civil monetary penalty of $643K.