By Kyle Brasseur2023-11-07T19:35:00
The Commodity Futures Trading Commission (CFTC) solidified its view that it should be a primary regulator of cryptocurrencies with a record amount of cases regarding the digital asset space in fiscal year 2023.
The agency brought 47 actions involving conduct related to digital asset commodities, representing nearly 50 percent of its 96 total enforcement actions filed during FY23, the CFTC announced in a press release Tuesday. The release included a table summary of FY23 cases brought by category.
Fifty-nine cases related to fraud charges; 12 to reporting and recordkeeping violations; and nine to failures in supervision, financial integrity, and business conduct. Of the fraud cases, 17 also included charges of failing to register, while 10 of the reporting and recordkeeping cases additionally accused firms of supervision failures.
2023-12-04T19:28:00Z By Kyle Brasseur
The Commodity Futures Trading Commission promoted the need for developing high-integrity voluntary carbon markets in publishing proposed guidance for the listing of voluntary carbon credit derivative contracts.
2023-11-29T21:55:00Z By Aaron Nicodemus
There are a slew of compliance lessons to be learned from the $4.3 billion settlement that Binance, the world’s largest cryptocurrency exchange, reached with the U.S. government.
2023-11-21T23:38:00Z By Aaron Nicodemus
Federal agencies hit Binance with more than $4.3 billion in penalties and imposed multiple compliance monitorships on the virtual currency exchange as punishment for its repeated and intentional violations of U.S. anti-money laundering laws, sanctions, and other regulations.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
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