United States of America: Commodity Futures Trading Commission lawsuit against FTX Trading for allegedly violating Commodity Exchange Act and CFTC regulations
Progress
Current status
in force
08 Aug 2024 in force
13 Dec 2022 under deliberation
Scope
Implementers
United States of America
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
judiciary
Government Body
court
Implementation Level
national
Timeline of events
Issued court ruling in CFTC lawsuit against FTX Trading for violating Commodity Exchange Act and CFTC regulations
On 8 August 2024, the US District Court for the Southern District of New York issued a consent order of permanent injunction against FTX Trading Ltd. and Alameda Research LLC, collectively known as FTX, for fraud and misappropriation. The court orde…
SourceEvent type
public lawsuit
Action type
ruling
Government branch
judiciary
Government body
court
Filed Commodity Futures Trading Commission lawsuit against FTX Trading for allegedly violating Commodity Exchange Act and CFTC regulations
On 13 December 2022, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against FTX Trading and Bankman-Fried, alleging violations of the Commodity Exchange Act and the Commission's regulations. Specifically, the CFTC accused Samuel Ban…
SourceEvent type
public lawsuit
Action type
announcement
Government branch
judiciary
Government body
court