FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

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FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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