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CFTC

CFTC stands for Commodity Futures Trading Commission of the United States. The mission of CFTC is to promote the integrity, resilience, and vibrancy of the US derivatives markets through sound regulation.

CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme
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CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme

Two suspected cryptocurrency fraudsters Sam Ikkurty of Portland, Oregon, and Ravishankar Avadhanam of Illinois have been charged by the United States Commodity Futures Trading Commission (CFTC) for illegally soliciting as much as $44 million through Ponzi-like scheme

Embattled BitMEX Co-Founders to Pay $30M in Civil Fine
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Embattled BitMEX Co-Founders to Pay $30M in Civil Fine

The United States District Court for the Southern District of New York (SDNY) has pronounced a combined Civil monetary fine of $30 million for the three embattled BitMEX exchange co-founders indicted for violating the US Bank Secrecy Act

FTX Exchange's Proposal Becomes the Focus of CFTC Chair's Hearing in Congress
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FTX Exchange's Proposal Becomes the Focus of CFTC Chair's Hearing in Congress

Rostin Behnam, the chairman of the Commodity Futures Trading Commission (CFTC) was at a hearing, one of the core subjects of discussion was a proposal from FTX Derivatives Exchange.

Budget to Provide for Fulfilling Expanded Crypto Surveillance Goal: CFTC
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Budget to Provide for Fulfilling Expanded Crypto Surveillance Goal: CFTC

The United States Commodity Futures Trading Commission (CFTC) has requested a robust budget for its Fiscal Year 2023 in order to expand its digital assets or cryptocurrency surveillance targets.

XRP is not a Security: Former CFTC Chair Chris Giancarlo Says
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XRP is not a Security: Former CFTC Chair Chris Giancarlo Says

Christopher Giancarlo said he believes XRP does not qualify as security as the SEC is alleging, a claim made based on earlier research he has done as the chairman of the CFTC.

Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor
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Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor

Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC) has joined CoinFund as a strategic advisor.

Ex-US CFTC Chair Advocates Building Financial Infrastructure with Blockchain
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Ex-US CFTC Chair Advocates Building Financial Infrastructure with Blockchain

Former Chairman of the United States Commodity Futures Trading Commission (CFTC) Christopher Giancarlo slammed handlers of the economy for taking a back seat in financial innovation related to blockchain technology and cryptocurrencies.

CFTC Slams Kraken with $1.25M for Illegal Market Operations
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CFTC Slams Kraken with $1.25M for Illegal Market Operations

The CFTC says Kraken has been fined and is required to pay the sum of $1.25 million for illegally offering margined retail commodity transactions in digital assets

Binance is Reportedly Under Investigation by the CFTC, Involving Inside Trading
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Binance is Reportedly Under Investigation by the CFTC, Involving Inside Trading

Binance cryptocurrency exchange has come under the regulatory radar again. Reportedly, it is with the US Commodity Futures Trading Commission (CFTC).

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives
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CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Dawn D. Stump has given several clarifications that show the agency has powers to regulate cryptocurrencies.

BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US
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BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US

BitMEX has reached a settlement with the CFTC and FinCEN on charges bordering on illegal exchange operation.

The ETF Approval Process Can Improve Transparency in Trading Platforms- Former CFTC Chair
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The ETF Approval Process Can Improve Transparency in Trading Platforms- Former CFTC Chair

Former CFTC Chair Timothy Massad has advocated for the approval of a Bitcoin ETF product on a conditional ground

Former BitMEX Executives to Appear in Court in March 2022
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Former BitMEX Executives to Appear in Court in March 2022

The court trial for former BitMEX CEO Arthur Hayes and other indicted executives has been set for March 28, 2022.

U.S. House of Representatives to Create Crypto Task Force Joining SEC and CFTC Members
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U.S. House of Representatives to Create Crypto Task Force Joining SEC and CFTC Members

The US House of Representatives passed a bill dubbed “Eliminate Barrier to Innovation Act of 2021” (H.R. 1602).

Former BitMEX CEO Arthur Hayes Surrenders to US Authorities
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Former BitMEX CEO Arthur Hayes Surrenders to US Authorities

Former BitMEX CEO Arthur Hayes has surrendered to authorities in Hawaii to face pending charges relating to AML compliance failure.