CFTC

The Commodity Futures Trading Commission (CFTC) has proclaimed itself as the top crypto enforcement agency. This comes after a year marked by a record-breaking number of enforcement actions targeting the cryptocurrency sector. What Happened: CFTC announced it has become the leading...

U.S. regulators paid $16 million to crypto whistleblowers this year as part of an effort to identify fraud and other illegal activities. As a result, the Commodity Futures Trading Commission (CFTC) plans to increase financial literacy, particularly related to crypto scams. “With the rise of...

The fervor surrounding cryptocurrencies continues to grow, with North America spearheading institutional activity in the crypto sector. A research report by Chainalysis reveals that 76.9% of North America's cryptocurrency transaction volume is spurred by transfers of $1 million or more. This...

The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil lawsuit against Stephen Ehrlich, the ex-CEO of the defunct Voyager Digital entities. The lawsuit alleges that Ehrlich engaged in fraud and failed to register with the CFTC, misleading customers about the safety of the Voyager...

Ian McGinley, the director of enforcement at the U.S. Commodity Futures Trading Commission (CFTC), spoke at the PLI White Collar Crime Conference on Sept. 11, focusing on the rapidly evolving digital asset landscape, including the challenges and concerns surrounding...

Commodity Futures Trading Commission Commissioner (CFTC) Commissioner Christy Goldsmith Romero has suggested that regulators need to update their protection measures with technological advances. She goes on to add that the inability to do the same is likely to impact the crypto investors. Amid...

Rashawn Russell, a 27-year-old former investment banker at Deutsche Bank AG (NYSE: DB), and a Gates Millennium Leadership Scholarship recipient, found himself deep in a scandal earlier this year that is likely to see him banned professionally trading — at the very least. The Brooklyn native,...

The U.S. Commodity Futures Trading Commission (CFTC) has taken stringent action against three decentralized finance (DeFi) firms. This latest development comes as the world of digital assets continues to draw attention, a focus that will also be explored in the upcoming Benzinga's Future of...

Changpeng Zhao, popularly known as CZ, the CEO of cryptocurrency exchange Binance, remains unfazed by the recent surge of regulatory scrutiny directed towards his company. What Happened: During a Twitter Spaces event on Friday, CZ said he sees this as an opportunity for Binance to showcase its...

In a major development, Alexander Mashinsky, the founder and former CEO of Celsius Network (CRYPTO: CEL), has been arrested on charges of securities fraud, commodities fraud and wire fraud. What Happened: The charges, brought forth by the United States Attorney for the Southern District...

The former CEO and co-founder of the now-defunct cryptocurrency lender Celsius (CRYPTO: CEL), Alex Mashinsky, was taken into custody on Thursday. This arrest comes in the wake of a Department of Justice inquiry into the downfall of the company, Bloomberg reported, quoting sources. The...

Former chairman of the Commodity Futures Trading Commission (CFTC), Timothy Massad, on Monday, advocated for the creation of a self-regulatory organization (SRO) to oversee the cryptocurrency industry.  What Happened: In an interview with CNBC’s Jim Cramer, Massad said the need for regulation...

The Commodity Futures Trading Commission (CFTC) has found that the now-defunct crypto lender Celsius Network (CRYPTO: CEL) and its previous CEO, Alex Mashinsky, violated U.S. regulations prior to the company's collapse. If the CFTC's commissioners concur with these findings, a lawsuit could...

Derivatives marketplace CME Group on Monday announced its intention to launch Ether (CRYPTO: ETH)/Bitcoin (CRYPTO: BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract is designed to capitalize on the relative value trading opportunities that have...

Criminal changes against Binance may closely follow U.S. Securities and Enforcement Commission (SEC) action, according to a former prominent securities regulator member. John Reed Stark, a seasoned cybersecurity expert with extensive experience at the SEC, has issued a stern...