Saturday, December 7, 2019
Home > CFTC

Tassat Gets CFTC Approval to Issue Bitcoin Derivatives in US

New York-based financial technology firm Tassat — formerly known as  trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange.According to an announcement from the United States Commodity Futures Trading Commission (CFTC) on Nov. 7, the regulator has approved the

Read More

CFTC Orders Binary Options and Crypto Scam Blue Bit Banc to Pay Over $4.25 Million

Starting the month of November with a big bang! The US Commodity Futures Trading Commission (CFTC) has once again strengthened its trust with the general public as it busts four entities as well as two key players in a fraudulent binary options scheme that incorporated a shady cryptocurrency.The case, which

Read More

CFTC and SEC Hammer Down Bitcoin-Linked Investment Platform 

Two top U.S. financial watchdogs, the United States Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have filed a cease-and-desist order against XBT Corp. SARL, a.k.a First Global Credit, a Swiss Bitcoin-based securities dealer that allegedly solicited investments from  U.S. investors without registering with the agencies.

Read More

US CFTC Takes Civil Enforcement Action Against $11M Crypto Scam Circle Society

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the Nevada-based corporation Circle Society and its owner, David Gilbert Saffron of Las Vegas, for Ponzi-like cryptocurrency scam and registration violations relating to an $11 million cryptocurrency fraud operation.The CFTC filed a civil enforcement action on Monday, September 30,

Read More

CFTC File Lawsuit Against $11M Ponzi-Like Cryptocurrency Scam

The United States Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action against Nevada-based Circle Society.Defendants guaranteed investors 300% returnOn Oct. 16, the CFTC announced that it was charging Circle Society and its owner, David Gilbert Saffron, with “fraudulent solicitation, misappropriation, and registration violations relating

Read More

CFTC Chairman Confirms That Just Like Bitcoin, Ethereum Is a Commodity

The CFTC chairman confirmed that Ethereum qualifies to be a commodity and all the forked assets like the Ethereum Classic shall be subjected to similar regulatory considerations.According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking

Read More