SBF, FTX, Alameda Sued by the CFTC for Commodities Laws Violations
The CFTC is the latest regulatory agency to charge SBF, FTX and Alameda with violating existing commodities laws and regulations.
CFTC Charges SBF, FTX Trading and Alameda With Fraud and Material Misrepresentations
The Commodity Futures
Trading Commission (CFTC), the United States derivatives market regulator, on
Tuesday charged Sam Bankman-Fried, the Founder and former CEO of bankrupt cryptocurrency
exchange, FTX, with “fraud and material misrepresentations in connection with
the sale of digital commodities in interstate commerce.”
CFTC Plans To Sue Sam Bankman-Fried for Fraud
U.S derivatives regulator Commodity Futures Trading Commission (CFTC) is planning to sue the co-founder of bankrupt crypto exchange FTX, Sam Bankman-Fried, for fraud, Bloomberg reported, citing a source.
A16z Elevates Former US CFTC Commissioner Quintenz to Policy Chief
Brian Quintenz, a former commissioner with the U.S. Commodity Futures Trading Commission who left the agency last year, is amplifying his role at crypto venture capital firm Andreessen Horowitz (a16z) from advising to taking over as its head of policy, the company said on Tuesday.
CFTC Chair Calls on Congress to ‘Move Quickly’ on a Thoughtful Crypto Regulation
The chair of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, has challenged Congress to move fast and enact legislation to <a href="https://finbold.com/category/regulations-news/">regulate</a> the <a href="https://finbold.com/cryptocurrencies">cryptocurrency space</a>.
CFTC Chair Walks Back on Previous Statements Regarding Ethereum, Says Only Bitcoin Is Commodity
Only <a target="_blank" href="https://cryptonews.com/coins/bitcoin/">bitcoin (BTC)</a> should be considered a commodity for regulatory purposes, and not <a target="_blank" href="https://cryptonews.com/coins/ethereum/">ethereum (ETH)</a>, Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), said in a recent speech.
US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bankruptcy. The regulator sees the FTX collapse as “a classic run based on liquidity crunch.”
US CFTC Commissioner Cites Latest Crypto Sanction in Call for New Rules
The CFTC should tap “existing authority to further mitigate potential risks to all customer assets,” Johnson said in a statement on Thursday, citing the cryptocurrency industry drama ignited by the detonation of the FTX exchange. She labeled her statement a “call to action” against digital-assets fraud.
Rostin Behnam Points to CFTC-Regulated LedgerX As Success Story Amid FTX Collapse
In a Dec. 1 hearing of the Senate Agriculture Committee exploring the collapse of FTX, Behnam <a href="https://www.agriculture.senate.gov/hearings/why-congress-needs-to-act-lessons-learned-from-the-ftx-collapse" target="_blank">said</a> LedgerX had essentially been “walled off” from many of the companies within FTX Group — including those that filed for bankruptcy — that provided a regulatory window for the CFTC. The CFTC chair said LedgerX was “healthy”, “solvent”, and “operational” compared to other FTX entities.
CFTC Chair: Crypto ‘Potentially a Threat to National Security’ After FTX Crash
Cryptocurrency may be a threat to America’s national security and more regulation is needed in the space now, Commodities Futures Trading Commission Chair Rostin Behnam said today.
