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"The majority of the tips received this year involved crypto – an area that continues to have pervasive fraud and other illegality," Romero said in a statement published on the CFTC website. "With the rise of crypto, more retail customers have come under the CFTC’s jurisdiction, making even more critical
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The United States commodities regulator has paid $16 million this year to whistleblowers who gave information leading to successful enforcement actions with a majority of the tips involving crypto.In an Oct. 31 statement, Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero said most of the tips received this year
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The complaint, filed Tuesday, alleges Daniel Friedberg served as a "fixer," paying "exorbitant hush money" to would-be whistleblowers who threatened to expose the exchange's alleged misappropriation of user funds. He faces 11 charges, including legal malpractice, breach of fiduciary duty, corporate waste and several counts of fraudulent transfers, according to
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FTX has filed a lawsuit against a former regulatory and compliance executive at the exchange, alleging he made a series of payments in attempts to prevent staff from blowing the whistle about issues at the exchange. On June 27, FTX filed a lawsuit against Daniel Friedberg who held multiple roles including
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New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a whistleblower.In a Monday notice, James called on New York-based crypto users who have been locked out of accounts
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Friends of Philip Haney say he worried about his well-being following his first book. One friend said Haney discussed disappearing into a cabin in the woods. All say there was no way he would harm himself. Philip Haney’s death sent shock waves through the nation as Americans questioned whether
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