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US CFTC commissioner calls for new category to protect small investors from crypto
30.11.2022
Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to
Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’
30.11.2022
On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had...
Regulating Crypto Not a ‘One-Agency Solution,’ CFTC Commissioner Says
28.11.2022
Appearing on CoinDesk TV, Summer K. Mersinger discussed why the need to regulate crypto will require working closely with other agencies
FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says
28.11.2022
Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation
CFTC Bypassed Legal Requirement in Trying to Serve Ooki DAO, Crypto Supporters Claim
22.11.2022
The Commodity Futures Trading Commission (CFTC) is trying to “create [a] novel precedent” for itself in trying to serve a lawsuit to the entirety of a decentralized autonomous organization (DAO), rather than the DAO’s members, one of three filings pushing back against the agency’s lawsuit said
US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify
21.11.2022
The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange
US CFTC’s Behnam Will Testify at FTX Hearing in Senate
21.11.2022
Rostin Behnam, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), will testify at a Senate hearing next week set to examine the “lessons learned from the FTX collapse,” according to a listing on the Senate Agriculture Committee’s website
CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March
21.11.2022
According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Duffy sat down with SBF, the former FTX executive said his end goal was to compete with CME Group....
CFTC Commissioner Mersinger says the time has come for action on crypto regulation
18.11.2022
The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states
The CFTC could prevent the next FTX with some congressional help
17.11.2022
The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future
CFTC Has ‘Boots on the Ground’ at FTX Subsidiary LedgerX
17.11.2022
Kristin N. Johnson said that the regulator is monitoring crypto clearinghouse LedgerX on a “daily if not hourly basis”
CFTC Pushes Back Against Amicus Briefs in Ooki DAO Lawsuit
15.11.2022
The U.S. District Court for the Northern District of California ruled in October that LeXpunK Army and the DeFi Education Fund could file amicus (friend of the court) briefs in the CFTC v. Ooki DAO case
Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
14.11.2022
FTX’s U.S. derivatives-trading subsidiary – the former LedgerX – remains standing while other parts of Sam Bankman-Fried’s empire crumble, and that should be credited to its government oversight, said Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC)
FTX Withdraws US CFTC Derivatives Clearing Plan: Bloomberg
11.11.2022
Company previously submitted plan for approval that would allow customers to assess and respond to derivatives risks in real time
‘Never Let a Good Crisis Go to Waste’: CFTC Commissioner Calls on Congress to Act After FTX Debacle
10.11.2022
Kristin N. Johnson discusses the FTX fiasco and why Congress should take a pragmatic approach in closing the regulatory gap
Most of FTX Legal Team Depart as Exchange Collapses
10.11.2022
An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit.
According to Semafor, citing people familiar with the matter,
“Most of FTX’s legal and compliance staff quit Tuesday...
CFTC Issues Order Against Fraudulent Crypto Arbitrage Company
4.11.2022
The Commodity Futures Trading Commission (CFTC) has issued an order against the CEO of a fraudulent crypto trading firm "Abritraging.co."
Crypto Investor a16z Wants to Join Ooki DAO Defense Against CFTC
2.11.2022
Andreessen Horowitz joins a growing list of entities looking to argue in favor of the commodities regulator serving its lawsuit against individual members of the DAO, instead of targeting the organization as a whole
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry
30.10.2022
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and...
CFTC Staff Recommend Rejecting Kalshi's US Election Contracts: Bloomberg
29.10.2022