The U.S. Commodity and Futures Trading Commission (CFTC) has reportedly subpoenaed four cryptocurrency exchanges in a bid to obtain their trading data as part of an investigation into market manipulation.
According to a The Wall Street Journal report on Friday, the financial market regulator is demanding comprehensive trading data from Bitstamp, Coinbase, itBit and Kraken, which altogether serve as a base for the bitcoin futures price listed by CME Group.
Citing sources familiar with the matter, the WSJ said the subpoena was issued because the CFTC was “upset” that CME had not succeeded in negotiating with the exchanges for access to their trading data.
According to the report, the failure irked the CFTC, which supervises CME and gave it the green light in December 2017 to list bitcoin futures.
News of the investigation first emerged on May 24, indicating that the U.S. Department of Justice had launched a probe into illicit trading practices in the crypto market in conjunction with the CFTC.
Changpeng Zhao said the Wall Street Journal “got the facts wrong” He believes it’s a “motivated attack” on US President Donald Trump and the residual forces of the “war on crypto” from the last administration at work In 2023, Zhao resigned as Binance’s CEO as part of a plea deal Binance’s former CEO has denied […]
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Бывший гендир Binance Чанпэн «CZ» Чжао жёстко отмёл слухи о том, что он якобы пытался сотрудниать с семейством Трампа, чтобы отмазаться от возможных проблем с законом. В своём треде в X (Twitter) 13 марта CZ чётко дал понять: «Никаких обсуждений сделки с Binance US у меня не было… ну, ни с кем вообще.» Он также […]
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