CFTC Urges 7th Circ. To Uphold $231M Crypto 'Ponzi' Penalty
CFTC Urges 7th Circ. To Uphold $231M Crypto 'Ponzi' Penalty <https://www.law360.com/compliance/articles/2276184?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-12-20&read_main=1&nlsidx=0&nlaidx=5> By Jessica Corso The U.S. Commodity Futures Trading Commission has urged the Seventh Circuit to uphold a $231.5 million judgment against a man they say ran a cryptocurrency Ponzi scheme, arguing it is "undisputed" that the agency has authority to regulate the trading of bitcoin and ether. Memorandum attached | Read full article » <https://www.law360.com/compliance/articles/2276184?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-12-20&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/compliance/articles/2276184?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-12-20&read_later=1&nlsidx=0&nlaidx=5>
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Gunnar Larson