[ad_1] The president of the CFTC (Commodity Futures Trading Commission), J. Christopher Giancarlo, continues to be cryptic with his last comment on the fact that cryptocurrencies are here to stay. He did so during an interview with CNBC when he stated the following: Personally I think that cryptocurrencies are here …
Read More »SEC, CFTC hits the Crypto 1Broker platform with charges – Investors are worried
[ad_1] American Regulators Strikes 1Broker Crypto Platform with legal fees, site seized On Wednesday afternoon, many investors in this sector were taken by surprise, as the American Securities And Exchange Commission (SEC), which began to take on an increasing role in the asset space, revealed that it had charged 1pool …
Read More »The rules of the US judge to bring the alleged cryptocurrency scam under the supervision of the CFTC
[ad_2][ad_1] A US federal district judge has ruled that a supposedly fraudulent cryptographic token meets the definition of merchandise, bringing the case under the responsibility of regulators, the Financial Feed reports of 27 September. Judge Rya W. Zobel of the Massachusetts District Court ruled on September 25 against a motion …
Read More »US Judge Rules: Cryptocurrency is a Commodity for the Purposes of CFTC Case
[ad_2][ad_1] An American judge has decided that that crypto-tokens can be classified as commodities for the purpose of a criminal case. US District Judge Rya Zobel said on Wednesday that the Commodity Futures Trading Commission's case against My Big Coin Pay Inc, can go ahead. The latter's lawyers had argued …
Read More »Crypto Startup LedgerX Eyes Ethereum Options, Awaiting CFTC Approval
[ad_1] Investor to the end of the ever-tumultuous market, crypto investment services providers have continued to eye the expansion of their product line. LedgerX Ethereum Options Are On Their Way Frank Chaparro, who has gained recognition for his crypto-focused business insider pieces, recently revealed that LedgerX, a leading New York-based …
Read More »CFTC president urges "No Harm" approach to cryptocurrency regulation
[ad_2][ad_1] Comparing the development of cryptocurrencies with that of the Internet, the President of the United States Commodity Futures Trading Commission (CFTC) J. Christopher Giancarlo argues that regulators must avoid inhibiting innovation technology. Tolerant but prudent [19659003ParlandoallaCNBCalSummitdiSingaporeil14septemberthepresentationoftheCFTCJChristopherGiancarlohacondivisolesueconsiderationofdeclarationofthecryptionalsoundtreatmentandwhichwould_sounded According to the official, cryptocurrencies must be governed with tolerance. Giancarlo compared them …
Read More »New York District Judge states that the CFTC can definitively ban Crypto
[ad_2][ad_1] The US Commodities Futures Trading Commission (CFTC) has won a court order to permanently block the operator of CabbageTech Corp. of New York for "daring and vicious fraud related to cryptocurrency", Bloomberg reported on August 24 [19659002] At the start of this year, Patrick McDonnell, cryptocurrency promoter and operator …
Read More »CFTC wins Big Court Victory in Cabbage Tech / Coin Drop Markets Trial Trial involves virtual currencies including Bitcoin | Crowdfund Insider
[ad_1] The Commodity Futures Trading Commission (CFTC) won a major victory in a trial against Patrick K. McDonnell and CabbageTech Crop, a company that operated as Coin Drop Markets. McDonnel and his company received penalties and refunds for over $ 1.1 million as they were found guilty of fraud. The …
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