Displaying results 71 - 80 of 283
… in connection with purchases and trading of Bitcoin and Litecoin. CFTC’s Director of Enforcement … the Defendants here preyed on customers interested in Bitcoin and Litecoin, promising them the opportunity to get … * CFTC’s Customer Fraud Advisory on Virtual Currencies and Bitcoin The CFTC has issued a Customer Advisory on the …
… fraudulently solicited over $12 million and at least 10 bitcoins from more than 150 customers and that Giri and his … solicited and accepted over $12 million and more than 10 bitcoins from at least 150 customers to invest in various … or speculating in virtual currencies or recently launched Bitcoin futures and options. [See CFTC/SEC Investor Alert: …
… innovation that has been in the news of late: and that is Bitcoin. We have actually taken a number of steps regarding Bitcoin, and I believe what we have done is consistent with the framework I’ve articulated. Bitcoin raises many important issues for law enforcement …
… months, which included the historic listing of the first bitcoin futures contracts, the price of bitcoin skyrocketing to over $19,000, the filing of multiple CFTC enforcement actions related to bitcoin fraud, and my personal education in bitcoin, DLT, …
… This action is also the largest fraudulent scheme involving Bitcoin charged in any CFTC case. Additionally, under the … fraudulent multilevel marketing scheme to solicit Bitcoin from members of the public for participation in an … as the principal and agent of MTI, accepted at least 29,421 Bitcoin—with a value of over $1,733,838,372 at the end of …
… orders for futures from U.S. customers and by accepting bitcoin to margin their trades without being registered with … customers by instructing them how to “Trade Futures Using bitcoin as collateral margin.” FGC’s website further stated, “Since you retain your bitcoins (and the growth benefit) we arrange a loan to cover …
… and risk transfer to fintech topics like DLT and bitcoin? The answer is that our financial markets are … operations. After the self-certification and launch of bitcoin futures in December 2017, LabCFTC was then able to … determined that certain virtual currencies, such as Bitcoin, met the definition of “commodity” under the …
… podcasts, primers, advisories and more, visit CFTC.gov/Bitcoin . 1 See generally Buyer Beware: Hundreds of Bitcoin Wannabes Show Hallmarks of Fraud , Wall Street … podcasts, primers, advisories and more, visit CFTC.gov/Bitcoin . 1 See generally Buyer Beware: Hundreds of Bitcoin …
… unfortunately ensued. Now, let’s fast forward to today. Bitcoin has refocused attention on topics of back-office … and list futures products based on the value of Bitcoin. CFTC regulatory practice is for exchanges to … than in any other national marketplace. With respect to the bitcoin products, because they were novel and based on a …
… of the considerable risks of virtual currencies like Bitcoin. In addition to the nascent stage of the technology … Since then, the CFTC has taken action against unregistered Bitcoin futures exchanges, enforced the laws prohibiting … information about virtual currencies, including a dedicated Bitcoin webpage, a virtual currency primer and several …