CFTC News

"I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.

There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.

Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises.

The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors.

Stellar chief operating officer Jason Chlipala said the foundation would bring the unique perspective of Layer 1 to the committee and highlight stablecoin use cases.

Commissioner Christy Goldsmith Romero wants crypto exchanges blocked from self-certifying crypto and crypto products before going live on their platforms.

CFTC commissioner Caroline Pham said that there are advanced discussions on global standards happening outside of the United States.

While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.

The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.

While the group of 18 customers does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented.

Avi Eisenberg’s arrest on commodities fraud charges for the Mango Markets exploit raised eyebrows on crypto Twitter and required some processing to work through its intricacies.

“After thirty-four years of public service, it is time for me to pursue new and different challenges and opportunities,” said Dan Berkovitz.

Arrested crypto billionaire Sam Bankman-Fried’s former entourage faces additional charges by key U.S. government agencies.

Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.

The entrepreneur reportedly reconsidered his earlier decision to contest extradition and now would be able to appear in a United States court.