CFTC | ForkLog

ForkLog 30 12.12.2024

Brian Quintenz Emerges as Leading Candidate for CFTC Chair

Brian Quintenz, the Director of Policy at a16z Crypto, has emerged as the leading candidate for the position of Chairman of the U.S. Commodity Futures Trading Commission (CFTC), according to Bloomberg. The candidate has already undergone an interview, the agency noted, citing informed sources. Quintenz joined the cryptocurrency division of Andreessen Horowitz (a16z) in 2021 […]

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ForkLog 32 11.12.2024

Pastor Accused of Promoting $6 Million Crypto Pyramid Scheme

CFTC has filed a complaint against a pastor of a Spanish church in Washington state for promoting a fraudulent cryptocurrency Ponzi scheme among parishioners. .@CFTC Charges Washington State Pastor with Fraud, Misappropriation in Multilevel Marketing Scheme Targeting Hispanic Americans: https://t.co/duI1GEzwoA — CFTC (@CFTC) December 10, 2024 According to the agency, from November 1, 2021, to […]

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ForkLog 29 05.12.2024

CFTC Secures Record $17.1 Billion in 2024

In 2024, the U.S. Commodity Futures Trading Commission (CFTC) secured and returned a record $17.1 billion, according to the agency’s report for the fiscal period. .@CFTC brought 58 new actions in fiscal year 2024 and had record monetary relief of over $17.1 billion, which included $2.6 billion in civil monetary penalties and $14.5 billion in […]

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ForkLog 24 28.11.2024

Trump’s Crypto Priorities Highlighted by ‘Crypto Czar’ Candidate

Digital assets are a “considerable priority” for Donald Trump’s administration, according to former CFTC Chairman Christopher Giancarlo, who is a candidate for the role of “crypto czar,” reports The Block. “The elected president has meticulously outlined a series of initiatives to transform the U.S. into the crypto capital of the world,” he noted. Giancarlo highlighted […]

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ForkLog 12 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 28 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 23 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 14 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 22 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 100 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 12 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 28 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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