Bitcoin News / Bitcoin.com - 1 year ago
A commissioner with the Commodity Futures Trading Commission (CFTC) has proposed the “first-ever” pilot program in the U.S. “to support the development of compliant digital asset markets and tokenization.” The regulator emphas...
Bitcoin News / Google News Bitcoin - 1 year ago
Utah resident Jacob Orvidas settles with CFTC over deceptive ...& & Cryptopolitan
Cryptocoins News / Blockchain - 1 year ago
Utah-based Jacob Orvidas has been ordered by the Commodity Futures Trading Commission (CFTC) to pay over $2 million and face a $500,000. The order revealed Orvidas deceived at least four individuals into investing in a leveraged Bitcoin commodity poo...
Bitcoin News / Google News Bitcoin - 1 year ago
CFTC Hits Fraudulent Bitcoin Pool Operator With $2.5 Million Fine& & BeInCrypto
Bitcoin News / Bitcoinist - 1 year ago
The Commodity Futures Trading Commission (CFTC) intensified its focus on the digital asset decentralized finance (DeFi) space, issuing simultaneous orders against Opyn, ZeroEx, and Deridex, Inc. The charges stem from allegations of offering illegal...
Cryptocoins News / CoinJournal - 1 year ago
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged for failing to register as a commodity pool operator. The CFTC order imposed a $2 million restitution and $500,000 civi...
Cryptocoins News / The Cointelegraph - 1 year ago
The CFTC has brought or resolved 10 fraud cases involving digital assets or foreign exchange since June 2023, Commissioner Kristin Johnson said. United States regulato...
Bitcoin News / Google News Bitcoin - 1 year ago
CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud& & Cointelegraph
by COINS NEWS - 1 year ago
The commissioner advocated public and stakeholder engagement through rulemaking, not just enforcement. United States Commodity Futures Trading Commission (CFTC) Commis...
Cryptocoins News / Finance Magnates - 1 year ago
The Commodity Futures Trading Commission (CFTC) has taken enforcement action against three decentralized finance (DeFi) protocols, Opyn, ZeroEx, and Deridex, by filing and settling charges. California-based Opyn and ZeroEx were fined $250,000 and $20...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face....
Cryptocoins News / Finance Magnates - 1 year ago
In a landmark ruling, the Commodities Futures Trading Commission (CFTC) has secured a staggering amount in restitution of USD $1.7 billion from Mirror Trading International. The South African company was allegedly involved in a massive Forex fraud sc...
Bitcoin News / Google News Bitcoin - 1 year ago
CFTC Says South African Co. MTI Fined Over $1.7B in Bitcoin Scam& & Bloomberg Law
Cryptocoins News / The Cointelegraph - 1 year ago
The regulatory body claims the defendants enticed over 14,000 individuals by creating false weekly returns. The Commodity Futures Trading Commission (CFTC) has initiat...
by COINS NEWS - 1 year ago
The regulatory body asserts that the defendants managed to entice over 14,000 individuals by creating false weekly returns. Legal proceedings have been initiated by t...
Bitcoin News / Bitcoinist - 1 year ago
The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from c...
Cryptocoins News / Blockchain - 1 year ago
CFTC files complaint against Fundsz and individuals for fraudulent crypto and precious metals trading. Assets frozen; hearing set for August 23. (Read More)
by COINS NEWS - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Binance said that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction....
Bitcoin News / Bitcoinist - 1 year ago
The legal clash between Binance, the world’s largest crypto exchange, and the United States Commodity Futures Trading Commission (CFTC) is reaching a critical juncture. A recent court document has shed light on the next steps in this high-stake...
Bitcoin News / Bitcoinist - 1 year ago
Stablecoins have been gaining traction in the financial world, prompting discussions about their significance and potential risks. In an eye-opening interview, Timothy Massad, the former chairman of the US Commodity Futures Trading Commission, recent...
Bitcoin News / Bitcoinist - 1 year ago
The Commodity Futures Trading Commission has filed charges against a husband and wife, accusing them of engaging in illicit crypto activities that defrauded more than a hundred individuals. The alleged scheme involved a digital assets commodity pool...
