The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Mirror Trading International Proprietary Limited (MTI) and its CEO, Cornelius Johannes Steynberg. The lawsuit charges the...
Tag: CFTC
CFTC Serves Lawsuit Against South African Company Over $1.7B Bitcoin Fraud
In a recent lawsuit, the CFTC has revealed what it considers the single largest Bitcoin fraud case, involving South Africa’s MTI. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit ag...
CFTC charges Mirror Trading International with alleged fraud of $1.7 billion worth of Bitcoin
The Commodity Futures Trading Commission (CFTC) has charged Cornelius Johannes Steynberg and his company Mirror Trading International (MTI), with fraud and registration violations. The South African t...
CFTC Cites $1.7 Billion MLM In Its ‘Largest Fraud Scheme Case Involving Bitcoin’
The Commodity Futures Trading Commission filed a lawsuit today against Cornelius Johannes Steynberg and Mirror Trading International Proprietary Limited (MTI), charging them with fraud and registratio...
SEC Chair Gensler Aims for CFTC Collaboration to Oversee Cryptos
Key Insights: Gary Gensler, the SEC Chair, was back in the news as the battle to oversee the digital asset market intensified. In recent months, lawmakers have not only questioned SEC tactics but also...
Gensler appeals for ‘one rule book’ in negotiations with CFTC over crypto regulation
United States Securities and Exchange Commission (SEC) chair Gary Gensler is in talks with Commodity Futures Trading Commission (CFTC) officials on a “memorandum of understanding” on the regulation of...
No More Fragmented Crypto Rules, SEC Chief Confirms Formal Talks With CFTC
In a recent interaction with the Financial Times, US Securities and Exchange Commission Chair Gary Gensler remarked that a unified approach by financial agencies can ensure that a fragmented regulator...
Cardano Founder Set to Testify Before House Committee Overseeing CFTC
Tomiwabold Olajide Cardano founder recently uploaded photo of his seat while waiting for hearing to start in earnest Cardano founder Charles Hoskinson is appearing before the U.S. House of Representat...
SEC Chair Seeks Formal Deal With the CFTC for Crypto Regulation Gary Gensler Seeks Formal Deal with CFTC for Crypto Regulation
US Securities and Exchange Commission (SEC) Chair Gary Gensler has sought a formal cooperation between financial agencies to regulate the crypto assets effectively. One Rulebook for Crypto Trade Accor...
CFTC Commissioner Compared Crypto Crash to 2008 Banking Crisis
In an interview with Axios, Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero urged Congress to close the regulatory gap on cryptocurrencies. Responding to the recent p...
CFTC Presses For More Crypto Regulation As Markets Tumble
Global regulators and investors are closely monitoring the ongoing collapse of the cryptocurrency market. In the meantime, CFTC’s Commissioner Christy Goldsmith Romero in an event mentioned that the G...
SEC Chair Expresses Concerns on New Crypto Regulatory Bill While CFTC Head Commends
As the SEC head believes the senators’ bill could undermine market regulations, the CFTC Chairman is confident in the proposition. While the SEC Chair Gary Gensler is not impressed with the recent swe...
CFTC ready to usurp SEC domination of crypto
Fresh on the heels of the Lummis/Gillibrand new crypto bill that seeks to transfer much of crypto regulation over to the CFTC, Ross Benham, its chairman, has said that his agency is ready to move furt...
CFTC Commissioner Summer Mersinger Pushes for Agency’s Control
The Commodity Futures Trading Commission (CFTC) is pushing to become the primary regulator for the crypto industry, according to Commissioner Summer Mersinger who recently spoke at the Reuters Commodi...
Cryptocurrency Bill Will Mitigate Key Risks For Web3 Investors, If It Can Pass
Senator Cynthia Lummis, a Republican from Wyoming, left, speaks during the DC Blockchain Summit in Washington, D.C., US, on Tuesday, May 24, 2022. The summit is gathering the most influential people f...
CFTC may become main regulator for crypto industry
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Commodity Futures Trading Commission (CFTC) is garnering support to be the primary regulator for the crypto industry among...
CFTC Edges Closer to Becoming Primary Overseer for Crypto
According to CFTC Commissioner Summer Mersinger, U.S. policymakers are moving closer to putting the agency at the helm of crypto regulation. The designation would expand the CFTC’s mandate and pave th...
New crypto bill unveiled – SEC to give way to the CFTC
A proposed bill was released to the public on Tuesday. It contains the most comprehensive legislation for crypto to date, and aims to regulate the market as a whole. The bill sponsored by Sen. Cynthis...
Lummis and Gillibrand want to empower CFTC, treat digitals assets like commodities
U.S. Capitol building in Washington, D.C. Liu Jie | Xinhua News Agency | Getty Images As excited as Wall Street and Main Street were to have crypto as a new investment idea and store of value, the spe...
Crypto Weekly Roundup: Optimism Airdrop, FTX Japan, Binance x The Weeknd, CFTC Sues Gemini, Insider Trading At OpenSea, And More
As Bitcoin’s prices continue to hover below the $30,000 mark, the crypto market has missed its usual sense of hubbub. However, the few noteworthy moments of the week, like the first-ever NFT insider t...
CFTC accuses Winklevoss-owned crypto exchange Gemini of misleading statements in new lawsuit
The Commodity Futures Trading Commission has sued Gemini, the crypto exchange owned by Cameron and Tyler Winklevoss. In a statement Thursday, the CFTC said it sued Gemini for “making false or mi...
Gemini Crypto Exchange Sued by CFTC, Slashes 10% Workforce Amid Challenging Market – crypto.news
Gemini, a cryptocurrency currency exchange owned by the Winklevoss brothers was today sued by the Commodity Futures Trading Commission (CFTC) over misleading statements. CFTC Sues Gemini Crypto Exchan...
CFTC Charges Gemini for Providing ‘Material False’ Statements on Bitcoin Futures Product
On Thursday, the Commodity Futures Trading Commission (CFTC) filed a complaint against Gemini Trust Company LLC, led by the Winklevoss twins in the U.S. District Court for the Southern District of New...
CFTC sues Gemini claiming crypto exchange lied in futures contract evaluation
The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New York on Thursday. The CFTC claimed in the civil suit that G...
CFTC Sues Gemini for ‘False or Misleading Statements’ Over BTC Futures
The United States Commodity Futures Trading Commission (CFTC) has filed charges against Gemini alleging that the exchange filed false or misleading statements relating to its bitcoin futures product. ...
CFTC Sues Gemini Over Bitcoin Futures Misinformation
Crypto exchange Gemini Trust Co. has been sued by the Commodity Futures Trading Commission (CFTC) over a Bitcoin Futures Case from 2017. Gemini Sued Over Misinformation The crypto exchange, founded b...
The CFTC is suing Gemini exchange for making false statements in 2017
? Want to work with us? CryptoSlate is hiring for a handful of positions! The U.S. Commodity Futures Trading Commission (CFTC) is suing New York-based crypto exchange Gemini for “making false or misle...
CFTC Sues Gemini Over Futures Contract Statements
Key Takeaways The U.S. CFTC has sued Gemini over statements dating back to 2017 that concern its earliest Bitcoin futures contracts. Gemini allegedly gave misleading information about the contractR...
CFTC Sues Gemini Over Bitcoin Futures Case From 2017
“The false or misleading statements and information conveyed or omitted to Commission staff by Gemini directly and through others were material to evaluation of the Bitcoin Futures Contract, inc...
CFTC Commissioner Issues Warning, Says Crypto Investors Should View New Tokens As Lottery Tickets
A commissioner at the Commodity Futures Trading Commission (CTFC) is weighing in on the risks associated with buying cryptocurrencies after Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST) c...
Terra (LUNA) Blow-Up Requires Immediate Action From Regulators To Protect Crypto Investors: CFTC Commissioner
The Commissioner of the Commodity Futures Trading Commission (CTFC) says immediate regulatory actions are needed to safeguard crypto traders after Terra (LUNA) and its stablecoin TerraUSD (UST) collap...