The Singapore-based Three Arrows filed for bankruptcy in July, saying its business had “collapsed in the wake of extreme fluctuations in cryptocurrency markets.” In particular, the hedge fund suffered...
Tag: CFTC
Troubled 3AC’s Under Investigation by SEC, CFTC: Report
According to reports, US authorities are looking into Three Arrows Capital (3AC) in the wake of the firm’s prior bankruptcy. Bloomberg reports that the Securities and Exchange Commission (SEC) a...
Crypto Venture Capital Fund Paradigm Also Wants CFTC to Serve Ooki DAO’s Members
While the crypto industry has not tried to defend against the actual allegations – that the DAO, with its predecessor company, bZeroX, offered unregistered products to U.S. customers – it has collecti...
Three Arrows Capital Under Investigation by SEC, CFTC: Report
Key Takeaways The SEC and CFTC are investigating bankrupt firm Three Arrows Capital, according to a Bloomberg report. The firm reportedly misinformed investors about its balance sheet and failed to re...
Head of CFTC Finds FTX’s Idea on Intermediators a Significant Shift
6 hours ago | 2 mins read Bitcoin News The leaders in the derivatives business voiced their opposition to the plan. Behnam argued that a “non-intermediated future” would be a “significant deal.” The p...
CFTC Commissioner Plans to Define Retail Investors
Bitcoin News She stated her intention to offer a new retail investor definition. Christy would begin by posting a more casual idea on the website and soliciting feedback. Given that the CFTC is expect...
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
Goldsmith Romero, who is the lead commissioner for the agency’s technology advisory committee, suggested that a new retail definition could be employed if the agency is weighing rules – for instance –...
US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC
U.S. District Judge William Orrick, of the Northern District of California, ordered that LeXpunK Army, a group of lawyers and software developers, and the DeFi Education Fund (DEF), a lobbyist group, ...
CEO Hopes Grayscale Bitcoin Trust (GBTC) Doesn’t Suffer from the Tussle Between CFTC and SEC
– Advertisement – Grayscale CEO hopes the GBTC fund doesn’t get caught in the crossfire in the battle between the SEC and CFTC. The U.S. Securities and Exchange Commission (SEC) and the ...
Don’t expect crypto tech to be a ‘free pass’ from regulation
“We’re gonna have to adapt, there’s no doubt about it. This is not a very in-the-box moment,” says Rostin Behnam, who chairs the Commodity Futures Trading Commission. Behnam was speaking at DC Fintech...
Ooki DAO Case So ‘Egregious,’ CFTC Had No Choice, Chair Behnam Says
Behnam has been pursuing a much longer reach for his agency when it comes to crypto, asking Congress to give it power to oversee the spot market for digital commodity tokens. That’s a favored idea in ...
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
The Senate Agriculture Committee bill – pushed by Behnam’s former boss, panel Chairwoman Debbie Stabenow (D-Mich.) – would give the CFTC an unprecedented ability to charge the crypto industry fees to ...
CFTC can issue summons through Ooki DAO’s help chat box, says judge
The United States Commodities Futures Trading Commission can serve members of the Ooki decentralized autonomous organization, or DAO, with summons through online communications, according to a federal...
Fox Journalist Says SEC Fined Kim Kardashian to Give the Agency Equal Right With CFTC Over Crypto Regulation
– Advertisement – Terret sheds more light on why the SEC chose to fine Kim Kardashian Eleanor Terrett, a Fox Business journalist, has shared an insight into why the Securities and Exchang...
Coinbase ‘Very Supportive’ of Giving CFTC Exclusive Jurisdiction Over Bitcoin, Ethereum
Talk of crypto policy in the U.S. tends to revolve around rumblings from the Securities and Exchange Commission and taxes. But there are two bills in Congress that have largely flown under the radar, ...
With Crypto Governance in CFTC Crosshairs, SushiSwap Exchange Mulls Legal Shakeup
The robust participation in Sushi DAO votes is, however, a stronger claim to decentralization than Ooki has ever seen, Nansen data shows. More than 1,800 individual wallets have voted in Sushi DAO in ...
CFTC Legally Served Ooki DAO via Website Help Bot, Court Rules
The DAO is embroiled with the CFTC for allegedly operating a crypto derivatives platform outside of the law Ooki DAO is the successor to bZeroX, which has already settled similar charges with the CFTC...
Former CFTC commissioner criticizes the SEC for not taking crypto regulations seriously
Join Our Telegram channel to stay up to date on breaking news coverage The topic of regulating cryptocurrencies has recently received a lot of attention in the US, but also a lot of criticism, as the ...
SEC Approach Is ‘Threatening the Entire Ecosystem’: Former CFTC Commissioner
Brian Quintenz said he understands why the crypto industry isn’t happy with the Securities and Exchange Commission (SEC)—but doesn’t see regulation itself as the problem. The former CFTC (Commodity Fu...
Kristin Smith unpacks the new Blockchain Association PAC
Episode 94 of Season 4 of The Scoop was recorded at SALT New York 2022 on September 13 with The Block’s Frank Chaparro, and Blockchain Association’s executive director Kristin Smith. Liste...
CFTC Goes After Digitex, Crypto Daily TV 03/10/2022
In Todays Headline TV CryptoDaily News: CFTC goes after Digitex crypto exchange. The Commodities Futures Trading Commission went after crypto exchange Digitex and its founder Adam Todd in a lawsuit, c...
Former CFTC Commissioner Backs Crypto Sector Over SEC
3 hours ago | 2 mins read Bitcoin News Quintenz is now an adviser partner at Andreessen Horowitz. Upon leaving the CFTC, he supervised the listing of BTC futures contracts in the U.S. Former CFTC Comm...
CFTC brings action against Digitex Futures
The Commodity Futures Trading Commission (CFTC) is suing crypto futures exchange Digitex LLC and its founder and CEO Adam Todd for failing to register with the agency and attempting to manipulate the ...
CFTC takes legal action against Digitex futures exchange and CEO
The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing to register the cryptocurrency futures exchange and...
CFTC Sues Founder of Crypto Exchange Digitex for Pumping Token, Failing to Register
The Commodities Futures Trading Commission has sued Adam Todd, the founder of crypto derivatives exchange Digitex, for allegedly running an illegal trading platform. The CFTC says Digitex has “never b...
Digitex Founder Being Sued by CFTC for Non-compliance
A few hours after the lawsuit was filed, DGTX dropped 12% to a value of zero. In October of 2018, DGTX hit a record high price of $0.16. Digitex’s founder, Adam Todd, has been sued by the CFTC for all...
US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations
The US Commodity Futures Trading Commission (CTFC) has charged crypto futures exchange Digitex and its founder and CEO Adam Todd for multiple violations associated with the Commodity Exchange Act (CEA...
CFTC Commissioner – “Ethereum Is A Commodity, Even With Proof-of-Stake”
CFTC Commissioner Christy Romero reiterates that the Commodity Futures Trading Commission (CFTC) still considers Ethereum as a commodity even after the proof-of-stake (PoS) transition. CFTC Chair Rost...
New CFTC Lawsuit May Signal Wider Trend in Regulation
Key Takeaways The CFTC filed a lawsuit against Digitex and its founder today, claiming that it had failed to register for the proper license to run its trading operations. While Digitex markets itself...