Cryptocoins News / Finance Magnates - 7 months ago
The field of
decentralized finance, or DeFi, has been a hotspot of innovation and
opportunity, promising users decentralized, trustless financial services.
However, recent legal actions by the Commodity Futures Trading Commission
(CFTC) in the United...
Cryptocoins News / The Cointelegraph - 7 months ago
To minimize the damages caused by financial fraud, Romero proposed the formation of the National Financial Fraud Registry, a centralized record of all crimes and fines related to financia...
Bitcoin News / Bitcoin.com - 7 months ago
The U.S. Commodity Futures Trading Commission (CFTC) has issued orders against the operators of three decentralized finance (defi) protocols. The regulator accused them of committing various violations of commodity laws including illegal trading of d...
Bitcoin News / Bitcoin.com - 7 months ago
A commissioner with the Commodity Futures Trading Commission (CFTC) has proposed the “first-ever” pilot program in the U.S. “to support the development of compliant digital asset markets and tokenization.” The regulator emphas...
Cryptocoins News / Blockchain - 7 months ago
Utah-based Jacob Orvidas has been ordered by the Commodity Futures Trading Commission (CFTC) to pay over $2 million and face a $500,000. The order revealed Orvidas deceived at least four individuals into investing in a leveraged Bitcoin commodity poo...
Bitcoin News / Bitcoinist - 7 months ago
The Commodity Futures Trading Commission (CFTC) intensified its focus on the digital asset decentralized finance (DeFi) space, issuing simultaneous orders against Opyn, ZeroEx, and Deridex, Inc.
The charges stem from allegations of offering illegal...
Cryptocoins News / CoinJournal - 7 months ago
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020.
Orvidas was also charged for failing to register as a commodity pool operator.
The CFTC order imposed a $2 million restitution and $500,000 civi...
Cryptocoins News / The Cointelegraph - 7 months ago
The CFTC has brought or resolved 10 fraud cases involving digital assets or foreign exchange since June 2023, Commissioner Kristin Johnson said. United States regulato...
by COINS NEWS - 7 months ago
The commissioner advocated public and stakeholder engagement through rulemaking, not just enforcement. United States Commodity Futures Trading Commission (CFTC) Commis...
Cryptocoins News / Finance Magnates - 7 months ago
The Commodity Futures Trading Commission (CFTC) has taken enforcement action against three decentralized finance (DeFi) protocols, Opyn, ZeroEx, and Deridex, by filing and settling charges. California-based Opyn and ZeroEx were fined $250,000 and $20...
Cryptocoins News / The Cointelegraph - 7 months ago
Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face....
Cryptocoins News / Finance Magnates - 7 months ago
In a landmark ruling, the Commodities Futures Trading
Commission (CFTC) has secured a staggering amount in restitution of USD $1.7 billion from
Mirror Trading International. The South African company was allegedly involved
in a massive Forex fraud sc...
Cryptocoins News / The Cointelegraph - 8 months ago
The regulatory body claims the defendants enticed over 14,000 individuals by creating false weekly returns. The Commodity Futures Trading Commission (CFTC) has initiat...
by COINS NEWS - 8 months ago
The regulatory body asserts that the defendants managed to entice over 14,000 individuals by creating false weekly returns. Legal proceedings have been initiated by t...
Bitcoin News / Bitcoinist - 8 months ago
The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from c...
Cryptocoins News / Blockchain - 8 months ago
CFTC files complaint against Fundsz and individuals for fraudulent crypto and precious metals trading. Assets frozen; hearing set for August 23. (Read More)