Advertisement     The Commodities Futures Trading Commission (CFTC) has filed charges against an Ohia man and his companies for misappropriating more than $12 million ...
Tag: CFTC
CFTC charges Ohio Man for running a $12M BTC Ponzi scheme
An Ohio resident who ran a $12 million Ponzi scheme involving bitcoin has been fined by the US Commodities Futures and Trading Commission (CFTC). According to a complaint filed by the CFTC at a distri...
CFTC Charges Rathnakishore Giri For Executing a $12 Million ‘Bitcoin Ponzi Scheme’
Rathnakishore Giri and his two companies, SR Private Equity LLC(Limited Liability Company) and NBD Eidetic Capital LLC, were charged for running Bitcoin Ponzi Scheme. CFTC (U.S Commodities Futur...
CFTC Sues Ohio Resident Rathnakishore Giri Fraudster Involving in a $12M Ponzi Scheme
The U.S. Commodity Futures Trading Commission (CFTC) has charged Ohio resident cryptocurrency scammer Rathnakishore Giri and his company with illegally defrauding up to $12 million in a Ponzi-like sch...
CFTC Files Charges Against $12 Million ‘Bitcoin Ponzi Scheme’
The Commodity and Futures Trading Commission today filed a civil enforcement action against a man for allegedly running a $12 million Bitcoin ponzi scheme to fund his lavish lifestyle. In a Friday st...
CFTC proposes new crypto reporting rule for large hedge funds
The US Commodity Futures Trading Commission (CFTC) has voted to propose a joint rule with the Securities and Exchange Commission (SEC) that would require hedge funds to report cryptocurrency exposure....
US CFTC Approves SBI Subsidiary to Offer Physically-Settled Bitcoin OTC Derivatives Trading
– Advertisement – US CFTC has approved the SBI subsidiary to offer an OTC for Bitcoin derivatives. SBI Holdings subsidiary Clear Market has received approval from the United States Comm...
CFTC Reportedly Approving Over-the-Counter Crypto Derivatives Trading Products From SBI Group-Supported Platform
The Commodity Futures Trading Commission (CFTC) is reportedly giving the green light for new financial products from the US subsidiary of Clear Markets, an international operator of derivatives tradin...
CFTC chairman claims the agency is ‘ready’ for the possibility of regulating crypto
As the cryptocurrency sector continues to grow thanks to the increasing interest of the general public, regulatory agencies are trying to include the new asset class in their operations. One of these ...
SEC to Amend Reporting Standards for Hedge Funds Alongside CFTC
The United States Securities and Exchange Commission (SEC) is looking to amend the reporting standards for Form PF, the confidential reporting form for certain SEC-registered investment advisers to pr...
SEC, CFTC may seek crypto exposure reports from hedge funds
US regulators are considering asking hedge funds to disclose their crypto exposure, The Wall Street Journal reported on Aug. 10. The Commodity Futures Trading Commission (CFTC) and Securities and Exch...
Private Funds Would Have To Disclose Crypto Under SEC, CFTC Proposal
Regulators are keen to know more about how private funds operate SEC Commissioner Hester Peirce opposes the amendment, saying it is unnecessarily probative In an effort to better monitor what US regul...
US SEC and CFTC Require Hedge Funds To Disclose Their Bitcoin and Crypto Holdings
– Advertisement – Regulators may want hedge funds to report crypto exposure. According to the Wall Street Journal, regulators may require hedge funds to disclose their bitcoin and cryptocu...
SEC, CFTC Want Private Funds to Report Crypto Holdings
Key Takeaways The Securities and Exchange Commission has issued a proposal that would require large private wealth managers to report their crypto holdings. The Commodity Future Trading Commission is ...
CFTC Asks Election Betting Site PredictIt to Close Shop in US – crypto.news
The Commodity Futures Trading Commission (CFTC) has ordered the closure of one of the most popular prediction markets after it failed to follow the terms of a no-action letter. CFTC Targets Election B...
CFTC Oversight Over Crypto Likely To Spur Further Mass Adoption ⋆ ZyCrypto
Advertisement     A new bill that gives the United States Commodities and Futures Trading Commission oversight over the crypto industry could encourage more investors ...
3 Bills Introduced in US to Make CFTC Primary Regulator –
Three bills have been introduced in Congress The bill will empower the CFTC with exclusive jurisdiction The “Digital Commodities Consumer Protection Act of 2022” was introduced by U.S. Senators Debbi...
PredictIt forced to close shop in the US by CFTC
One of the most popular prediction markets will have to close its doors after the Commodity Futures Trading Commission (CFTC) said it failed to comply with the terms of a no-action letter. PredictIt ...
Crypto And Fiat Currency Exchange Banned By CFTC From Taking Bets On US Elections
PredictIt, a crypto and fiat currency gambling platform that enables Americans to wager on who will be elected to Congress or the next president, has been stripped of its legal power to do business in...
US launches 3 bills to regulate cryptocurrency spot markets through CFTC
The commodity futures trading commission (CFTC) is an independent federal agency. CFTC agency regulates the derivatives market in the United States. CFTC includes future contacts, options, and swaps. ...
CFTC Bans Betting Platform From Taking Wagers on US Elections
Gambling platform PredictIt has been told to shut up shop by the Commodity Futures Trading Commission (CFTC) for failure to comply with regulations. The CFTC ordered the political gambling platform to...
Last Week [In] Crypto: Nomad Loses $200M in Daring Hack, CFTC Tipped to Be Crypto’s Chief Regulator
It’s been a pretty interesting week and Be[in]Crypto has curated the most important stories in the cryptoverse for your digest. The stories range from Nomad’s $200 million hack, WazirX investigation b...
3 Bills Introduced in US to Make CFTC Primary Regulator of Crypto Spot Markets – Regulation Bitcoin News
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to be the primary regulator of the crypto spot markets. Lawmakers Want CFTC ...
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market – Regulation Bitcoin News
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodi...
New CFTC Bill Could Overrule SEC but Leaves Fate of Many Crypto Tokens Unresolved
Taking the burden off the SEC, Congress takes a stab at classifying crypto tokens The bill highlights an ongoing power struggle between the SEC and CFTC over cryptoasset classification The SEC has tri...
US Blockchain Association Director Says CFTC Is Preferred Regulator for Bitcoin
– Advertisement – Blockchain Association Director Says CFTC Is the Preferred Regulator for Bitcoin and other Cryptos, Commends Policymakers for Supporting the Agency. Smith commends policy...
Senate Bill Would Give CFTC ‘Exclusive Oversight’ of Bitcoin and Ethereum
A bill introduced by a Senate committee would grant the Commodity Futures Trading Commission “exclusive oversight” over what it defines as a “digital commodity.” The Digital Commodities Consumer Prote...
Bitcoin (BTC) and Ethereum (ETH) To Be Policed by CFTC Under New US Senate Proposal: Report
The push to regulate cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) forges ahead as a bipartisan bill has been submitted to the United States Senate. According to a new Wall Street Journal ...
Senators and investors want CFTC to regulate crypto instead of SEC
SEC chairman Gary Gensler is facing heightened pushback from the crypto industry; a new bipartisan Senate bill would see the Commodity Futures Trading Commission (CFTC) take the lead in Bitcoin and Et...
US Senate Bill Proposes to Empower CFTC to Oversight Tokens & Digital Assets
On Wednesday, a group of Democratic and Republican members on the Senate Agriculture Committee introduced a bill that aims to give the Commodity Futures Trading Commission (CFTC) authority over the ma...
US Senate Bill Will Give CFTC Crypto Market Oversight – but Doesn’t Say How Much
“Right now, there’s really a patchwork of state regulations and no federal agency to conduct oversight over the cryptocurrencies, and we know that needs to change,” said Sen. Debbie Stablenow (D...