Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against five individuals, accusing them of running a fraudulent digital asset trading scheme. The defendants, David...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States Commodity Futures Trading Commission (CFTC) has ordered Cornelius Johannes Steynberg of Stellenbosch, Western Cape, South Africa, to pay $3.4 billion in restitution and a civil monetary...
U.S. Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero has highlighted the risks associated with cryptocurrencies at the City Week conference in London. Romero pointed out the dangers of digital currency being used for illicit funding, such as drug trafficking, terrorism, human...
Cryptocurrency giant Binance finds itself in hot water as the Commodity Futures Trading Commission (CFTC) accuses it of “sham” compliance practices. Amid this controversy, three major trading firms – Jane Street Group, Tower Research Capital, and Radix Trading – have been identified as...
Binance US saw increased trading volume and market share during Q1 2023, despite the Commodities Futures Trading Commission (CFTC) lawsuit. Binance still maintains a 54% CEX market dominance. Since the disgraced Sam Bankman-Fried’s FTX collapse last November, regulators in the US and other...
This week, like it has been the trend, regulators in the United States didn’t slow down. The Commodity Futures Trading Commission (CFTC) formally brought charges against Binance, alleging breaches of the Commodity Exchange Act. Despite the markets contracting, gains posted in the preceding...
Data from on-chain analytics provider CryptoQuant showed that investment outflows from Binance during three of its most recent stressful events remained within historical ranges. This means the crypto exchange largely managed to beat the fear, uncertainty, and doubt (FUD) caused by the events....
The US Commodity Futures Trading Commission (CFTC) took legal action against the largest crypto exchange, Binance, on March 27. Consequently, the digital asset market has been showing bearish signs. As the debate gets more sizzling among the crypto community, the top three cryptocurrencies...
Just after CFTC accused Binance of wilful evasion of federal rules and of running an unlawful digital asset derivatives exchange, its CEO Changpeng Zhao (CZ) fired back at the regulator. The Commodity Futures Trading Commission (CFTC) alleges that Binance has purposely avoided regulation...
The commodity futures trading commission (CFTC) has initiated legal action against leading cryptocurrency exchange Binance for allegedly violating the Commodity Exchange Act by operating without proper registration and compliance measures. The commodity futures trading commission (CFTC) has recently initiated legal proceedings against Binance,...