United States of America: Issued court ruling in CFTC lawsuit against FTX Trading for violating Commodity Exchange Act and CFTC regulations
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
judiciary
Government Body
court