12 / 12 Relevant items tagged with #CFTC

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US Senate committee hearing on FTX fail brings gaps in regulatory authority to light

[Dec 1, 2022 3:59 PM] CFTC chair Rostin Behnam appeared before a Senate Agriculture Committee to talk about how FTX happened and how it could have been prevented.

Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse

[Dec 1, 2022 11:45 AM] "The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures.

CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse

[Dec 1, 2022 4:10 AM] CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto.

EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'

[Nov 30, 2022 8:29 PM] Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil.

US CFTC commissioner calls for new category to protect small investors from crypto

[Nov 30, 2022 3:50 PM] Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to.

Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’

[Nov 30, 2022 9:00 AM] On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks…

US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify

[Nov 21, 2022 3:30 PM] The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange.

CME Group’s CEO Called FTX’s Sam Bankman-Fried an ‘Absolute Fraud’ When They Met in March

[Nov 21, 2022 8:32 AM] According to the CEO of CME Group, Terry Duffy, the executive met with former FTX CEO Sam Bankman-Fried (SBF) last March at a conference, and Duffy ended up calling the FTX frontman a “fraud.” When Duffy sat down with SBF, the former FTX executive…

CFTC Commissioner Mersinger says the time has come for action on crypto regulation

[Nov 18, 2022 2:45 PM] The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states.

US Investigating FTX Empire Over Handling Of Customer Funds: Report

[Nov 9, 2022 11:13 AM] US regulators are investigating whether Sam Bankman-Fried’s FTX properly handled client funds following the exchange’s liquidity crunch, Binance acquisition.SEC, CFTC reportedly probing FTX over handling of customers’ funds.Investigations…