Displaying results 61 - 70 of 94
Federal Court Finds that Virtual Currencies Are Commodities
… Massachusetts, entered an order holding that the Commodity Futures Trading Commission (CFTC) has the power to prosecute … trading in virtual currencies (specifically involving Bitcoin).”  According to the Court, the term “commodity” … or speculating in virtual currencies or recently launched Bitcoin futures and options.  The CFTC has also issued …
CFTC Customer Advisory Highlights What Customers Should Know Before Trading Over-the-Counter Forex
… Washington, D.C.  — The Commodity Futures Trading Commission today issued a customer advisory … soliciting customers on social media; requiring payment in bitcoin or other digital assets; manipulating currency … pairs or 5 percent for other pairs). Accepting only bitcoin, ethereum, or other digital assets as payment. …
CFTC Customer Advisory Cautions the Public to Beware of Artificial Intelligence Scams
… Washington, D.C. — The Commodity Futures Trading Commission’s Office of Customer Education … Republic of South Africa, stole more than $1.7 billion in bitcoin from at least 23,000 people using a few websites, as … Facebook, Instagram, and YouTube. For as little as $100 in bitcoin, and with “no trading experience required,” …
CFTC Requests Public Comment on Related Applications Submitted by LedgerX, LLC for Registration as a Derivatives Clearing Organization and Swap Execution Facility
… Swap Execution Facility Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) is asking for public … clear fully collateralized, physically settled options on bitcoin. Comments should be submitted on or before January …
CFTC Extends Period for Public Comment on Related Applications Submitted by LedgerX, LLC for Registration as a Derivatives Clearing Organization and Swap Execution Facility
… Swap Execution Facility Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) is extending the deadline … clear fully collateralized, physically settled options on bitcoins. Comments may be submitted electronically through …
CFTC Issues Proposed Interpretation on Virtual Currency “Actual Delivery” in Retail Transactions
… in Retail Transactions Washington, DC — The Commodity Futures Trading Commission (CFTC) today announced a Proposed … commodity transactions involving virtual currency, such as bitcoin. Specifically, the Proposed Interpretation sets out …
Federal Court in New York Enters Preliminary Injunction Order against Patrick K. McDonnell and His Company CabbageTech, Corp. d/b/a Coin Drop Markets in Connection with Fraudulent Virtual Currency Scheme
… Virtual Currency Scheme Washington  - The Commodity Futures Trading Commission (CFTC) today announced that the … with purchases and trading of the virtual currencies Bitcoin and Litecoin (see CFTC Press Release & Complaint  …
CFTC Imposes A $1.25 Million Penalty against Kraken for Offering Illegal Off-Exchange Digital Asset Trading and Failing to Register as Required
… Washington, D.C. — The Commodity Futures Trading Commission today issued an order filing and … retail commodity transactions in digital assets, including Bitcoin, and failing to register as a futures commission merchant (FCM). Kraken, founded in 2011, …
CFTC Commissioner Pham Announces Initial Staff Appointments
… the first CFTC anti-fraud enforcement action involving bitcoin, the first ruling by a federal district court that … on international matters related to the commodity, futures, and derivatives markets. Lily has represented the … Smith Barney in institutional sales in the Fixed Income and Futures divisions; and deputy head of the Quantitative …
CFTC Issues COVID-19 Customer Advisory on Fee Scams
… Advisory on Fee Scams Washington, D.C. — The Commodity Futures Trading Commission today issued a Customer Advisory … communicates via messaging apps. You’re asked to pay in Bitcoin or other digital assets. You’re promised or … to pay the deposit directly to the broker’s wallet using bitcoin or other digital assets. Once the deposit is made, …