Bitcoin News / Bitcoin.com - 4 months ago
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcomin...
Cryptocoins News / Finance Magnates - 4 months ago
The US Commodity Futures Trading Commission charged decentralized exchange (DEX) developer Uniswap Labs with offering illegal leveraged and margined commodities transactions. The two parties simultaneously settled the charges with a payment of $175,0...
Bitcoin News / Bitcoinist - 4 months ago
On Wednesday, Uniswap Labs, the company behind the decentralized cryptocurrency exchange Uniswap, was fined $175,000 by the Commodity Futures Trading Commission (CFTC) for allegedly offering leveraged retail trading in digital assets without proper a...
Bitcoin News / Google News Bitcoin - 4 months ago
The Daily: Bitcoin's four-year cycle is 'dead,' CFTC charges Uniswap Labs, Mark Karpeles to launch new 'transparent' crypto exchange and more& & The Block
Cryptocoins News / CoinJournal - 4 months ago
Uniswap hit with order by CFTC for illegal trading in digital asset derivatives
The decentralized exchange will pay $175,000 in civil monetary penalty and is also ordered to cease and desist from the illegal offerings.
Uniswap has settled with the...
Bitcoin News / Bitcoin.com - 4 months ago
The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchang...
Bitcoin News / Bitcoin.com - 5 months ago
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of En...
Cryptocoins News / Finance Magnates - 5 months ago
The Commodity Futures Trading Commission (CFTC) announced today (Thursday) that it has secured a $12.7 billion judgment against FTX and Alameda Research. These funds will reportedly be used to compensate the victims of the bankrupt exchange's fraudul...
Bitcoin News / Bitcoin.com - 5 months ago
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in...
by COINS NEWS - 5 months ago
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election. submitted by /u/emyfsh201 [link] [comments]
Cryptocoins News / CoinJournal - 5 months ago
Polymarket’s popularity raises fears of corruption and undue election influence.
Lawmakers urge CFTC to ban election betting, citing democracy trust concerns.
Senators stress elections shouldn’t be influenced by wealthy individuals&rsquo...
Bitcoin News / Bitcoin.com - 5 months ago
The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammer...
Bitcoin News / Bitcoinist - 5 months ago
The US Commodity Futures Trading Commission (CFTC) has won a massive fine against fraudulent crypto investor Abner Alejandro Tinoco and his company Kikit & Mess Investments, LLC. This development marks the end of a three-year legal suit.
CFTC V...
Cryptocoins News / Finance Magnates - 5 months ago
FTX, a bankrupt cryptocurrency exchange, and the United States Commodities
Futures Trading Commission (CFTC) have agreed to a $12.7 billion settlement.
This agreement resolves a 19-month lawsuit. The settlement follows months of
negotiations and now...
Bitcoin News / Bitcoin.com - 5 months ago
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman a...
Bitcoin News / Google News Bitcoin - 5 months ago
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities& & Bitcoin.com News