CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans

September 29, 2024 Bitcoin.com

CFTC Sues Over .6M Digital Asset Fraud Targeting Asian Americans

Aipu Ltd.

The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures. Instead, the funds were misappropriated and diverted […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

September 4, 2024 Bitcoin.com

CFTC Fines Uniswap Labs 5,000 for Violating Commodity Exchange Act

bitcoin.com

The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

CFTC Issues Order Against Uniswap Labs for Allegedly Offering Illegal Digital Asset Derivatives Trading

September 4, 2024 The Daily Hodl

Altcoins

The Commodity Futures Trading Commission (CFTC) is filing charges against the firm behind Uniswap (UNI), alleging that it offered illegal crypto derivatives contracts. In a new press release, the regulatory agency says it has slapped Uniswap Labs with a $175,000 civil penalty and a cease and desist letter after it was allegedly found to be […]

The post CFTC Issues Order Against Uniswap Labs for Allegedly Offering Illegal Digital Asset Derivatives Trading appeared first on The Daily Hodl.

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts

August 11, 2024 Bitcoin.com

bitcoin.com

Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity Futures Trading Commission (CFTC) that could lead to the prohibition of prediction markets in the United States. In a letter to the CFTC, Humenik expressed concerns about the implications of the proposed regulation, urging the […]

Is the Bitcoin DCA opportunity over? Here’s what traders are thinking

CFTC Commissioner Says Majority of Tips in Whistleblower Program Involve Crypto

November 2, 2023 The Daily Hodl

CFTC

The Commodity Futures Trading Commission (CFTC) says that most of the tips called into its Whistleblower Program in 2023 involved crypto. In a statement, CFTC Commissioner Christy Goldsmith Romero says the agency received a record-breaking 1,530 tips through the Whistleblower Program this year. “As a former Inspector General who knows firsthand how important whistleblowers are, […]

The post CFTC Commissioner Says Majority of Tips in Whistleblower Program Involve Crypto appeared first on The Daily Hodl.

commodity exchange act