Voyager’s ex-CEO May Face Penalities for Breaking Derivatives Regulations!

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Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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Stephen Ehrlich, the former CEO of crypto lender Voyager Digital Ltd., may face penalties from US regulators after they concluded that he broke derivatives regulations before the company’s bankruptcy last year. Investigators in the Commodity Futures Trading Commission’s enforcement division recommended that the agency accuse Ehrlich of misleading customers about the safety of their assets, leading to the potential enforcement action. Despite denying any wrongdoing, Ehrlich is planning to fight the allegations.

Source: https://coinpedia.org/crypto-live-news/voyagers-ex-ceo-may-face-penalities-for-breaking-derivatives-regulations/