by COINS NEWS - 2 years ago
Illicit Finance and Other Key Risks of Digital Assets: Keynote at City Week 2023 CFTC Commissioner Christy Goldsmith Romero in London Source: https://www.cftc.gov/PressRoom/SpeechesTestimony/oparomero8 Highlights: "The CFTC will aggressi...
Cryptocoins News / EthereumWorldNews - 2 years ago
The CFTC is reportedly in communication with Binance over the ongoing lawsuit regarding the exchange’s conduct.Commissioner Kristin Johnson revealed that the regulator hopes to find a path forward with the crypto exchange.& The commissioner didn...
Cryptocoins News / The Cointelegraph - 2 years ago
Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws...
by COINS NEWS - 2 years ago
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Rashawn Russell, a former Deutsche Bank investment banker, in the US District Court for the Eastern District of New York. The filing alleges that Russell fra...
Cryptocoins News / The Cointelegraph - 2 years ago
The head of the CFTC, Rostin Behnam, recently spoke out against Binance and its leadership at a public-facing event held at Princeton University. Rostin Behnam, Chai...
Cryptocoins News / Blockchain - 2 years ago
Three trading firms, Jane Street Group, Tower Research Capital, and Radix Trading have been identified as Binance's VIP clients in the CFTC lawsuit. The firms allegedly received preferential treatment from Binance, including lower transaction fees an...
Bitcoin News / Bitcoinist - 2 years ago
The three “VIP” quant trading firms named by the United States Commodity Futures Trading Commission (CFTC) in its lawsuit against the Binance cryptocurrency exchange have been reportedly revealed to be Radix Trading, Jane Street, and Towe...
Cryptocoins News / The Cointelegraph - 2 years ago
The firms were cited anonymously in the CFTC’s complaint describing Binance’s alleged facilitation of U.S. clients. Trading firms Jane Street Group, Tower Research Cap...
Cryptocoins News / EthereumWorldNews - 2 years ago
Jane Street has been identified as one of the three unnamed VIP clients in CFTC’s lawsuit against Binance.& Tower Research and Radix Trading were the other two unidentified clients that enjoyed special privileges.& The CFTC has alleged that...
Bitcoin News / Bitcoinist - 2 years ago
Binance is facing a double-edged sword of challenges that has left its leadership shaken. First, a lawsuit from the U.S. commodities regulator hit hard, and now the exchange’s decision to halt some zero-fee trading has caused a significant drop...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the Commodity Futures Trading Commission’s lawsuit, says blockchain anal...
Cryptocoins News / The Cointelegraph - 2 years ago
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors. Last week brought...
by COINS NEWS - 2 years ago
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. Regulatory...
by COINS NEWS - 2 years ago
We saw some hard pumping of XRP over the past few days, even when the entire rest of the market was falling. For those wondering, it is because speculators believe XRP will be deemed a commodity and (mostly) win the Ripple v. SEC case. This is...
Cryptocoins News / Blockchain - 2 years ago
Binance CEO, Changpeng Zhao, denies market manipulation allegations made by the CFTC. However, investors withdrew over 3,400 BTC from Binance within 24 hours of the lawsuit announcement, leading to a decrease in Binance's total Bitcoin balance while...
Cryptocoins News / Blockchain - 2 years ago
Almost a billion dollars in cryptocurrency was withdrawn from Binance shortly before the US CFTC accused the exchange of regulatory violations. The total amount withdrawn from multiple platforms in the 12 hours preceding the indictment was almost $1....
Cryptocoins News / The Cointelegraph - 2 years ago
BTC options and derivatives markets seem unfazed by the CFTC’s recent action against Binance, but is that a good or a bad sign? The price of Bitcoin (BTC) fell 3.6% to...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit& & CoinDeskBitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules& & CNBCBitcoin price holds its ground in the wake of CFTC case against Binance&...
by COINS NEWS - 2 years ago
It may seem like a coordinated attack, but in a bear market when a lot of the systemic risk has unwound is the best time to bring enforcement. Imagine if they did this at the top of the bubble or when exchanges were imploding. Many of you would have...
