News with the tag "commodity exchange act"

The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of tr...

Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity Futures Trading Commission (CFTC) that could lead to the prohibition of prediction markets in the United States. In a letter to the CFTC, Humenik expressed concerns abo...

The Commodity Futures Trading Commission (CFTC) says that most of the tips called into its Whistleblower Program in 2023 involved crypto. In a statement, CFTC Commissioner Christy Goldsmith Romero says the agency received a record-breaking 1,530 tips through the Whistleblower Program this year. “As ...

A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash as ‘Perso...