CFTC Sues Washington Pastor for $6M Cryptocurrency Ponzi Scheme
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The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Francier Obando Pinillo, a pastor from Pasco, Washington, accusing…
IcomTech Execs to Pay $5M in Restitution for Defrauding Investors with False Crypto Promises
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Five individuals associated with IcomTech, a cryptocurrency Ponzi scheme that defrauded investors of $8.4 million, were ordered by a federal court to…
CFTC Could Lead Crypto Regulation Revolution as Trump Administration Reshapes Jurisdiction
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After years of positioning itself as the dominant regulatory force in the digital asset space, often at odds with crypto advocates, the…
Trump’s Team in Talks With Crypto Leaders About Regulatory Adjustments: Report
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President-elect Donald Trump’s team is reportedly in discussions with cryptocurrency leaders about regulatory changes that could reshape the U.S. approach to digital…
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
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Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that…
16 Settlements Finalized in Two Years Indicate Heightened Regulatory Focus
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FTX and its sister firm Alameda faced the largest crypto-related enforcement by US regulators, with a staggering $12.7 billion in combined settlement…
SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit
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Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the…
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
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The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during…
CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans
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The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors…
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
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Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance…