On January 20, 2025, the Commodity Futures Trading Commission ("CFTC") unanimously elected Commissioner Caroline D. Pham as acting chairman.
A U.S. federal court has ruled that the founders of EmpiresX must pay over $130 million in fines for operating a fraudulent scheme.
US federal court orders $130M in penalties against EmpiresX founders for crypto fraud. CFTC secures hefty fines and a ...
The rise of prediction markets and their event contracts is creating a legal and regulatory tangle that may not be easy to sort out.
CFTC bans EmpiresX founders and fines them $130 million for fraud after they misled investors and misused funds for personal expenses.
The US District Court for the Southern District of Florida has imposed fines exceeding $130 million on the founders of ...
CFTC plans to host a roundtable on refining regulations for prediction markets, potentially affecting platforms like Kalshi ...
As the new year dawned, investors mindsets must have been in a happier place, with January showing positive numbers across ...
The CFTC's roundtable review is expected to influence both centralized and blockchain-based prediction markets.
Caroline Pham, the agency's acting chairman, is scheduling an experts roundtable to reset the CFTC's course on this "sinkhole ...
The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the ...