CFTC | ForkLog

ForkLog 28 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 49 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 22 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 8 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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ForkLog 24 13.12.2023

CFTC chief says most cryptocurrencies are commodities

The CFTC chair Rostin Behnam: most cryptocurrencies are commodities, and the CFTC is competing with the SEC for authority to regulate the digital-asset industry.

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ForkLog 12 01.11.2023

CFTC has paid $15 million to informants in the crypto industry since the start of the year

Payouts of $15 million by the CFTC to two informants in the digital-asset industry allowed the agency to initiate and successfully conclude a number of enforcement actions.

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ForkLog 23 13.10.2023

CFTC sees Voyager Digital as a ‘house of cards’

CFTC representative Christine Johnson criticised Voyager Digital, which is undergoing bankruptcy proceedings, for the mistakes that led to the loss of billions of dollars in customer funds.

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ForkLog 30 04.10.2023

CFTC chief urges oversight of DeFi projects

Rostin Benham, head of the U.S. Commodity Futures Trading Commission (CFTC), said there is merit in regulating DeFi protocols.

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ForkLog 18 14.09.2023

CFTC calls DeFi exchanges an ‘obvious threat’.

Unregulated exchanges in the DeFi space pose an 'obvious threat' to markets and clients, said Ian McGinley, the CFTC's enforcement director.

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ForkLog 32 08.09.2023

CFTC files lawsuits against three DeFi projects

The U.S. Commodity Futures Trading Commission (CFTC) filed lawsuits against three DeFi companies — Opyn, ZeroEx and Deridex — for unlawful trading of derivatives and operating without a licence.

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ForkLog 10 16.08.2023

Coinbase to offer access to crypto futures after US regulators’ approval

Coinbase has received an FCM license from the CFTC. This will allow select US clients to access cryptocurrency futures trading.

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ForkLog 21 25.07.2023

Binance files motion to dismiss CFTC lawsuit

The cryptocurrency exchange Binance and its chief executive Changpeng Zhao have filed a motion to dismiss the CFTC's complaint in federal court in Chicago.

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