Commodity Futures Trading Commission

High-ranking Binance executive Guangying Chen, a trusted ally of Binance CEO Changpeng Zhao, was the principal controller of five bank accounts associated with the supposedly autonomous U.S. subsidiary of the colossal crypto exchange, Binance.US, according to disclosed bank records. Among these...

Binance Australia will halt certain Australian dollar deposit services due to an external payment provider's decision. Customers should expect a disruption in bank transfer withdrawals, though the extent of the impact is yet to be determined. "We are working tirelessly to secure an...

The U.S. Congress House Subcommittee on Commodity Markets, Digital Assets and Rural Development will hold a hearing to explore the "regulatory gaps" in the regulation of cryptocurrency spot markets on Thursday. The panel of witnesses comprises experts in the field,...

Jane Street Group, Tower Research Capital, and Radix Trading have been revealed as the three unnamed "VIP" clients of Binance Holdings Ltd., mentioned in the Commodity Futures Trading Commission's (CFTC) lawsuit against the cryptocurrency exchange, according to a report. The CFTC...

A New York judge stated on Friday that the U.S. government possesses a "considerable case on the merits" in its effort to halt Binance.US's $1 billion acquisition of the assets of insolvent cryptocurrency lender Voyager. District Judge Jennifer Rearden expressed her intention to...

Binance, the world's largest digital currency exchange, experienced a significant drop in its stablecoin reserves over the past several months, with the value plummeting from $24.5 billion in December 2022 to $10.7 billion as of Wednesday, representing a 65% decrease, according to a CryptoQuant...

Major coins traded in the green on Tuesday evening as investors continued to process the implications of the Commodity Futures Trading Commission, or CFTC, lawsuit against Binance and its founder Changpeng Zhao.  Cryptocurrency Gains (+/-) Price (Recorded 10 p.m. EST) Bitcoin +0.94...

The former head of engineering at cryptocurrency exchange FTX has met with federal prosecutors in an attempt to join two other members of former CEO Sam Bankman-Fried's inner circle in seeking a cooperation deal in the fraud case related to the collapse of the exchange. According to Bloomberg...

Former FTX CEO Sam Bankman-Fried has pleaded not guilty to eight charges in a New York federal court, related to the collapse of his exchange and hedge fund Alameda Research, CNBC reported. The charges include conspiracy to commit wire fraud and securities fraud, individual charges of securities...

FTX founder Sam Bankman-Fried held several meetings with high-ranking White House officials earlier this year, prior to the collapse of his cryptocurrency exchange. These meetings were part of an effort to influence cryptocurrency policy and establish connections in Washington before the...

The U.S. Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should consider banning cryptocurrencies, according to Sherrod Brown, chairman of the United States Banking Committee. “We want them to do what they need to do at the same time, maybe banning it...

Sam Bankman-Fried, FTX, and Alameda Research have been sued by the Commodity Futures Trading Commission (CFTC) for breaking federal commodities regulations.  The top U.S. derivatives regulator alleges that Bankman-Fried and other FTX executives borrowed hundreds of millions of dollars from...

The Commodity Futures Trading Commission and Coinbase Inc. have come to a settlement over charges against the San Francisco-based digital currency exchange. What Happened: The commission on Friday ordered Coinbase to pay $6.5 million over charges of reckless false, misleading or inaccurate...

The Commodity Futures Trading Commission is reportedly investigating the major cryptocurrency exchange Binance. What Happened: The commission is looking into whether U.S. residents have traded derivatives that Binance monitors, Bloomberg reported yesterday, citing people familiar with the matter....

Food giants Mondelez International Inc (NASDAQ: MDLZ) and Kraft Food Groups will pay $16 million to settle allegations they created unfair advantages in wheat futures, The Wall Street Journal reported. The Mondelez, Kraft Settlement  Mondelez and Kraft were once part of a single corporate...