CFTC records $17B monetary relief in 2024, thanks to digital assets
In 2024, the U.S. agency brought 58 new enforcement actions, including precedent-setting digital asset commodities cases, but the…
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Ian McGinley
12 posts
New York to reduce crackdown on ‘crypto’ crime
The New York U.S. Attorney’s Office will allocate fewer resources to prosecuting crypto crime under Trump to focus…
Lutnick now a Treasury longshot; SEC’s Gensler resigned to resigning
Gary Gensler gave a speech in which he hinted that his time at the SEC was coming to…
Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner
CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager…
CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi
In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to…
South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution…
DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings
The CFTC charged three DeFi protocols for illegally offering leveraged retail commodity transactions, with the regulator claiming using…
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay…
CFTC lodges complaint against 4 individuals for defrauding investors
CFTC has filed a complaint against four individuals for defrauding investors by falsely claiming to possess a proprietary…
California man charged in landmark CFTC pig-butchering scam enforcement
The regulator alleges that the man led a California operation that used online romance to swindle over $1.3…