Displaying results 211 - 220 of 270
Federal Court Orders Colorado Company and its Principal to Pay Over $900,000 for Digital Asset and Forex Ponzi Scheme
… Washington, D.C. — The Commodity Futures Trading Commission today announced that the U.S. … purportedly trade in forex and digital assets, including bitcoin, only to then misappropriate the money. Further, the …
Statement of Chairman Heath P. Tarbert in Support of Final Rule on Swap Execution Facilities
… faced a key decision: Should it require swaps to trade like futures, via a centralized exchange order book visible to … centralized exchanges have supported price discovery in futures products by providing a liquid, transparent market … , Fortune (Nov. 19, 2019), https://fortune.com/2019/11/19/bitcoin-blockchain-fintech-regulation-ctfc/ . [12] The final …
CFTC Charges Long Island Resident and His Firm in Ongoing $59 Million Fraud Scheme
… Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a … to trade foreign currency exchange (forex), commodity futures contracts, and cryptocurrencies.  On May 11, 2022, … speculating in  virtual currencies   or recently launched Bitcoin futures and options . The CFTC also strongly urges …
CFTC Issues Orders Against Operators of Three DeFi Protocols for Offering Illegal Digital Asset Derivatives Trading
… Washington, D.C. — The Commodity Futures Trading Commission today continued its enforcement … designated contract market (DCM), failing to register as a futures commission merchant (FCM), and failing to adopt a … 2:1 leveraged exposure to digital assets such as ether and bitcoin. The order finds that these leveraged tokens are …
Don’t be Re-Victimized by Recovery Frauds
… prepaid credit or gift cards, use digital assets such as Bitcoin, or make other unusual forms of payment.  Another …
Concurring Statement of Commissioner Dawn D. Stump Regarding Enforcement Action Against Payward Ventures, Inc. (d/b/a Kraken)
… the purchase and sale of digital assets, including Bitcoin. [1]   I write separately to comment on certain … Act (“CEA”) [2]  ; and 2) operated as an unregistered futures commission merchant (“FCM”) in violation of Section … speculative commodity transactions involving leverage are futures contracts that, pursuant to Section 4(a) of the CEA, …
Statement of Chairman Heath P. Tarbert in Support of Proposed Rule on Swap Execution Facilities
… a key decision:  Should it require swaps to trade like futures, via a centralized exchange order book visible to … centralized exchanges have supported price discovery in futures products by providing a liquid, transparent market … , Fortune (Nov. 19, 2019), https://fortune.com/2019/11/19/bitcoin-blockchain-fintech-regulation-ctfc/ . [12] Such …
CFTC Charges Alameda CEO and Alameda and FTX Co-Founder with Fraud in Action Against Sam Bankman-Fried and his Companies
… Washington, D.C. — The Commodity Futures Trading Commission today filed fraud charges against … assets, including both fiat and digital assets including bitcoin and ether, were held in “custody” by FTX and …
Opening Statement of Commissioner Kristin N. Johnson Before the Market Risk Advisory Committee Meeting
… Committee.  The work of the MRAC and the other Commodity Futures Trading Commission (CFTC or Commission) Advisory … of self-certification in the context of the launch of two Bitcoin futures contracts, climate-related market risk, … with engaging in a $44 million Ponzi scheme involving bitcoin); CFTC v. Mirror Trading Int’l Proprietary Ltd. , …
CFTC Orders Tether and Bitfinex to Pay Fines Totaling $42.5 Million
… Washington, D.C.  — The Commodity Futures Trading Commission today issued an order … persons on the Bitfinex trading platform and operated as a futures commission merchant (FCM) without registering as … counterparty to, and accepting funds or property, including bitcoin and USDt tokens, in connection with those same …