2024-9-16 05:10 |
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal. origin »
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If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
2024-9-14 16:59 | |
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The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
2024-9-14 07:14 | |
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The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.
2024-9-14 19:12 | |
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A U.S. District Court has ruled in favor of the Kalshi prediction market, effectively approving betting on the presidential election’s outcome. Kalshi has won a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) after the regulator banned betting on…
2024-9-11 16:22 | |
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Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections.
2024-9-10 23:08 | |
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Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
2024-8-13 07:30 | |
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Failed exchange FTX has settled with the Commodity Futures Trading Commission. As part of the deal, the company agreed to pay a $12.7 billion fine to the CFTC, court documents said. The deal also calls for $4 billion in restitution…
2024-7-18 20:20 | |
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The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.
2024-7-17 02:00 | |
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70%-80% of BTC and ETH commodities are non Securities CFTC clarifies CFTC chairman citing Illinois court argues CTFC have regulatory and oversight authority over digital assets. Over the lasThe post CFTC vs SEC: Bitcoin, Ethereum, and 80% of crypto not securities? appeared first on AMBCrypto.
2024-7-11 15:00 | |
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In a regulatory victory for the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) were officially classified as commodities during Wednesday’s Digital Commodities Senate AG hearing. Court Backs Bitcoin And Ether’s Commodity Status According to live coverage of the hearing by Fox journalist Eleanor Terret, Rostin Behnam, Chairman of the US Commodities Futures Trading Commission (CFTC), […]
2024-7-11 05:30 | |
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An Illinois court recognized Olympus and KlimaDAO as commodities, supporting the CFTC’s case against Jafia LLC and imposing a $120 million fine. The post Illinois Court Decision Marks Olympus (OHM) and KlimaDAO (KLIMA) as Commodities appeared first on BeInCrypto.
2024-7-4 16:41 | |
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Brian Armstrong’s U.S. crypto exchange emailed some users about a court summons received from the CFTC regarding rival platform Bybit.
2023-11-28 22:11 | |
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CZ will be required to pay a fine of $50 million as part of the plea deal, which will absolve the CFTC's charges Binance will have to pay a fine of over $4 billion and accept CZ's resignation The post Binance and CZ's plea deal with US Government revealed in court filing appeared first on AMBCrypto.
2023-11-22 22:48 | |
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The US Commodity Futures Trading Commission (CFTC) has taken legal action against Voyager Digital and its former CEO, Stephen Ehrlich. The CFTC filed a complaint in the US District Court for the Southern District of New York, alleging fraud and registration failures related to the operation of the Voyager digital asset platform and an unregistered commodity pool.
2023-10-13 04:00 | |
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Regulators said the plans weren't in the public interest, after a court squabble involving rival service PredictIt
2023-9-22 16:11 | |
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Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission (CFTC) to avoid taking enforcement actions against (DeFi) protocols.
2023-9-14 10:18 | |
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Coinbase CEO Brian Armstrong opposes the US Commodity Futures Trading Commission's legal action against decentralized finance protocols, urging them to fight the charges in court to set a precedent.
2023-9-14 04:45 | |
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Mirror Trading International (MTI) is convicted by a U.S. court for deceiving victims in a Bitcoin scam, facing a restitution order of $1.7 billion. The U.S. Commodity Futures Trading Commission (CFTC) revealed that Mirror Trading International Proprietary Limited (MTI) has…
2023-9-8 13:43 | |
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U.S. Commodity Futures Trading Commission (CFTC) shares details of what might be 'largest fraud scheme case involving Bitcoin'
2023-9-7 20:05 | |
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The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from customers to supposedly trade in cryptocurrencies and precious metals.
2023-8-12 15:50 | |
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The legal clash between Binance, the world’s largest crypto exchange, and the United States Commodity Futures Trading Commission (CFTC) is reaching a critical juncture. A recent court document has shed light on the next steps in this high-stakes confrontation, setting crucial deadlines that could significantly impact the outcome of the case. Binance Vs. CFTC: Here’s […]
2023-7-27 11:45 | |
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Binance and its CEO, Changpeng Zhao, are preparing to file for the dismissal of the Commodity Futures Trading Commission’s (CFTC) complaint, a court filing shows. This is in response to the financial regulator accusing the crypto exchange of violating derivatives market regulations in the United States earlier in the year. Binance To Seek Dismissal Of […]
2023-7-25 17:00 | |
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Embattled cryptocurrency exchange Binance and its executives, including CEO Changpeng ‘CZ’ Zhao and chief compliance officer Samuel Lim, have filed a motion to dismiss the charges levelled against them by the Commodity Futures Trading Commission (CFTC), as per a court filing dated July 24.
2023-7-25 13:20 | |
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Binance, Changpeng Zhao, and Samuel Lim filed a motion Monday night to ask the court for additional allowed length in its response.
2023-7-25 04:29 | |
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CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.
2023-7-19 08:15 | |
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Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor.
2023-7-18 23:54 | |
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Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022. Alex Mashinsky has been arrested and will be arrayed in court on Friday.
2023-7-14 17:14 | |
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The United States Commodity Futures Trading Commission (CFTC) has won a default judgment against Adam Todd, CEO of Digitex Futures, and four companies he controlled, with the court ordering Todd to pay roughly $16 million in disgorgement and penalties.
2023-7-13 04:00 | |
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The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.
2023-7-13 19:52 | |
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If a majority of CFTC commissioners agree with the conclusion, the regulator could file a case in federal court.
2023-7-6 03:27 | |
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Landmark Court Battle Forces Ooki DAO to Permanently Cease Operations and Pay Hefty Penalty After a significant legal clash with the Commodity Futures Trading Commission (CFTC), Ooki DAO has been handed a default judgment order by a United States district judge.
2023-6-11 21:16 | |
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Through a June 9, 2023 press release, the Director of the Commodity Futures Trading Commission (CFTC) Division of Enforcement, Ian McGinley, advised that on June 8, 2023, a U.S. District judge had entered a default judgement order in favour of the CFTC, for a civil monetary penalty of US$ 643,542 against the Ooki decentralized autonomous […]
2023-6-12 17:02 | |
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The court ordered Ooki DAO to pay a civil monetary penalty of $643,542. It permanently banned the DAO from trading and registering and ruled that it must shut down its website and remove its content from the internet.
2023-6-10 14:15 | |
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The CFTC emphasized that “critically, in a precedent-setting decision, the court held that the Ooki DAO is a ‘person’ under the Commodity Exchange Act.”
2023-6-12 08:24 | |
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The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a precedent-setting case. Ian McGinley, the CFTC’s Division of Enforcement Director, said: “The founders created the Ooki DAO with an evasive purpose, and with the explicit goal of operating an illegal trading platform without legal accountability.
2023-6-10 02:30 | |
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The U. S. Commodity Futures Trading Commission (CFTC) said on April 27 that it has obtained a court judgment against a CEO involved in Bitcoin-related fraud. CEO was involved in Bitcoin MLM The case in question concerns Cornelius Johannes Steynberg of South Africa, who was the founder and CEO of Mirror Trading International Proprietary Limited (MTI).
2023-4-28 04:00 | |
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The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits.
2023-4-2 16:30 | |
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If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies (altcoins) and subject them to stringent supervision. The market, however, expects Ripple to win after CFTC on Monday classified bitcoin as commodity.
2023-3-30 16:33 | |
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A federal court has put the brakes on a merger between Voyager and Binance, as the latter faces accusations from the CFTC.
2023-3-28 20:14 | |
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The CFTC filed a 74-page complaint against Binance today at the U.S. District Court for the Northern District of Illinois. It claims the company is engaging in jurisdictional arbitrage in...
2023-3-28 20:18 | |
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United States prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents.
2023-2-8 01:16 | |
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After Ooki DAO refused to reply to a lawsuit that was "duly" served last year, the CFTC is requesting a default judgment against it.
2023-1-12 15:25 | |
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The United States Commodity Futures Trading Commission (CFTC) stated in its December 13 court filing against FTX founder Sam Bankman-Fried that digital assets like Bitcoin(BTC), Ethereum (ETH), and Tether (USDT) are commodities.
2022-12-14 12:05 | |
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The Commodity Futures Trading Commission (CFTC) has again called the ETH coin a commodity in a court filing on 13 December. It has given rise to speculation that Bitcoin (BTC) is the only cryptocurrenThe post CFTC again calls Ethereum [ETH] a commodity in a court filing, details inside appeared first on AMBCrypto.
2022-12-14 11:00 | |
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The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test.
2022-12-14 05:53 | |
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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.
2022-11-16 06:30 | |
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The Commodity Futures Trading Commission shouldn't be able to serve an entire decentralized autonomous organization (DAO) at once, but rather, should serve the people in it, a group of lawyers said in an amicus filing Monday.
2022-10-18 05:12 | |
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Crypto venture capital fund Paradigm Operations has asked a federal court for permission to join two other groups in arguing that the Commodity Futures Trading Commission (CFTC) should serve the members of a decentralized autonomous organization (DAO) directly, rather than through a generic website help portal.
2022-10-18 22:29 | |
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A US Judge has allowed LeXpunK and DEF to Join Ooki DAO's defense, ordering the the CFTC to reconsider the Court ruling.
2022-10-14 23:30 | |
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The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.
If the prediction market's traders are right – and lately, they've been right – the election results are even more bullish for crypto than they appear.
The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.
As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token.
One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.
Better Markets is using Polymarket's "French connection" as ammo against the prediction market's regulated competitor.
The former president's probability of retaking the White House slid to 59% Wednesday before rebounding.