The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the United States District Court of Southern District of New York on Monday against the “Mango Markets exploiter” Avraham Eisenberg for indulging in illicit market manipulation. This is the first time CFTC will charge an illegitimate trader with
Andreessen Horowitz, better known as a16z, a crypto venture capital company, has announced that Brian Quintenz will now serve as its full-time head of policy. After serving as a commissioner of the CFTC under both Obama and Trump. Quintenz initially joined a16z in September 2021 as a senior adviser. During
Ripple’s APAC (Asia Pacific) policy director said that the collapse of FTX is exactly why crypto needs to move away from the hype cycle and towards real utility. He also described that the FTX fall is incredible damage for the crypto space, but it says that the industry should stand
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 expected to assume responsibility for spot crypto trading. Commissioner Christy Goldsmith Romero has said that the agency has to
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 Commissioner Brian Quintenz has acknowledged that the cryptocurrency sector has valid complaints about the Securities and Exchange Commission (SEC). But he does not attribute
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 allegedly operating an unlicensed exchange for crypto derivatives. The CFTC claims
On Thursday, Rostin Behnam, chairman of the CFTC, predicted that Bitcoin’s value might “double in price” if it were sold in a CFTC-regulated market. The chairman noted that the crypto market has “a massive opportunity for institutional inflows that will only occur if there’s a regulatory structure.” The remarks come
In an unprecedented move, the CFTC also sued a related DAO. The Ooki DAO is accused by the CFTC of violating the regulations. Authorities are still cracking down on crypto. On Thursday, the CFTC announced settled charges against the creators of bZeroX, the business behind the bZx protocol. Tom Bean
CFTC Commissioner Caroline D. Pham met with Ripple CEO Brad Garlinghouse. Recently, the SEC and Ripple both filed petitions for summary judgment. According to a recent tweet from Caroline D. Pham, an American attorney and commissioner of the Commodity Futures Trading Commission (CFTC), had a meeting with Ripple CEO, Brad
The CFTC is planning to strengthen its control of the cryptocurrency market. As per Rostin Behnam, CFTC is the authorized regulator to oversee digital assets trading. The US Commodity Futures Trading Commission (CFTC) is continuously demanding the regulation of the cryptocurrency market. In a recently held legislative hearing, the chairman
