CFTC's Ian McGinley quits amidst major crypto enforcement actions against Binance and FTX as power shifts under Trump. Stay tuned for more twists in crypto regulation!
The CFTC awarded $1 million to a whistleblower whose information helped enforce action in digital asset markets, emphasizing the importance of tips in combating scams.
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims for misuse of customer funds and fraudulent practices. This is the largest recovery in CFTC history.