CFTC | ForkLog

ForkLog 6 27.11.2024

Trump Administration to Grant CFTC Oversight of Certain Cryptocurrencies

The administration of Donald Trump seeks to place certain cryptocurrencies under the jurisdiction of the CFTC, according to Fox Business. Sources from Fox indicate that if the decision is made, the Commission will oversee all digital assets deemed to be commodities. This list includes Bitcoin and Ethereum, as well as the markets where they are […]

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ForkLog 14 19.11.2024

Nasdaq to List Options on BlackRock’s Spot Bitcoin ETF

On November 19, Nasdaq will commence trading options on BlackRock’s spot BTC-ETF, according to Decrypt, citing exchange representatives. The listing is made possible by the approval from the Options Clearing Corporation (OCC), which was the final hurdle following the green light from the SEC. Re bitcoin ETF options, now the OCC just posted a response […]

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ForkLog 9 05.09.2024

CFTC Fines Uniswap Labs $175,000

The Commodity Futures Trading Commission (CFTC) has fined Uniswap Labs $175,000 for offering digital asset derivatives through a DeFi protocol. .@CFTC Issues Order Against Uniswap Labs for Offering Illegal Digital Asset Derivatives Trading: https://t.co/Io0VP7c18U — CFTC (@CFTC) September 4, 2024 The company is also required to refrain from further violations of the Commodity Exchange Act. […]

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ForkLog 9 08.08.2024

Court Approves $12.7 Billion Settlement Between FTX and CFTC

U.S. District Judge Peter Castel approved a settlement agreement between the CFTC, FTX, and Alameda Research, under which the exchange and its subsidiary will pay creditors $12.7 billion. The parties reached an agreement to settle the 20-month-long dispute on July 12. However, the decision awaited final approval, which Judge Castel granted on August 7. The […]

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ForkLog 6 17.07.2024

FTX and CFTC Reach $12.7 Billion Settlement Agreement

The bankrupt cryptocurrency exchange FTX and the CFTC have reached a $12.7 billion settlement following months of negotiations, as reported by The Block. Back in 2022, the CFTC accused former FTX CEO Sam Bankman-Fried and the affiliated Alameda Research of actions that led to customer losses of $8 billion. Initially, the agency pursued a claim […]

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ForkLog 84 20.06.2024

CFTC Investigates Jump Crypto’s Trading Activities

CFTC is investigating the activities of major market maker Jump Crypto concerning various aspects of its investment and trading activities, as reported by Fortune.

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ForkLog 6 07.05.2024

CFTC Chair Predicts Increased Regulatory Pressure on Crypto Industry

The growing interest of retail investors and the rising market capitalization of cryptocurrencies are leading to an expansion of enforcement actions within the industry. This was stated by Rostin Behnam, chairman of the CFTC. During a panel discussion at the 27th annual Milken Institute conference, the official mentioned that he anticipates another “cycle of enforcement […]

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ForkLog 13 16.04.2024

US Senate Probes CFTC’s Ties with Bankrupt FTX

US lawmakers are investigating the relationship between the collapsed bitcoin exchange FTX and the Commodity Futures Trading Commission (CFTC). Senators Elizabeth Warren and Chuck Grassley have sent a letter to the agency’s head, Rostin Behnam. The politicians have requested that the CFTC chairman provide a full report by April 29 on communications and meetings with […]

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ForkLog 10 01.04.2024

KuCoin Case Highlights CFTC and SEC Tensions

The U.S. Commodity Futures Trading Commission (CFTC) may have encroached on the authority of the SEC in its lawsuit against the cryptocurrency exchange KuCoin. This was stated by CFTC Commissioner Caroline Pham. “The lawsuit states that […] securities can themselves constitute leveraged trading under the Commodity Exchange Act. Such an interpretation does not distinguish between […]

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ForkLog 25 29.01.2024

CFTC Warns of AI-Driven Fraud

Fraudsters are leveraging artificial intelligence to deceive investors, with the popularity of social media and influencers facilitating the spread of false information, according to a warning from the Customer Education and Outreach Office of the CFTC. “Unfortunately, AI has become yet another tool for fraudsters to deceive unsuspecting investors,” the statement reads. According to the […]

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ForkLog 15 21.01.2024

CFTC Accuses Debiex of $2.3 Million Fraud

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit in an Arizona district court against the digital asset platform Debiex, alleging fraud amounting to $2.3 million. According to the charges, since March 2022, representatives of Debiex have been forming friendly or romantic relationships with potential victims to gain their trust. Subsequently, they encouraged […]

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ForkLog 4 19.12.2023

Binance to pay $2.7 billion under CFTC settlement

A US court approved a global settlement between Binance and the CFTC. The exchange will pay $1.35 billion as a civil penalty and return $1.35 billion of ill-gotten commissions.

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