SEC Notes CFTC vs BitMEX Case is Message to Crypto Industry

SEC Commissioner Hester Peirce claimed that a Bitcoin ETF would allow people to be exposed to the asset, but did not disclose whether such a product will be approved soon. Hester Peirce, the commissioner of the United States Securities and Exchange Commission (SEC) believes that the charges against BitMEX brought by the CFTC were a … Read more

“I want to see the leadership of the US in Blockchain technology” says the president of the CFTC – BeInCrypto

The startup of blockchain, Ripple, ha highlighted what can happen when a clear regulatory framework is lacking in which cryptocurrencies can operate. The company is thinking of leaving the United States for more suitable scenarios where there is greater clarity in the rules by which they can operate. At just the right time, Anthony Pompliano … Read more

The CFTC filed charges against BitMEX and its executives for operating outside the law

The Commodities and Futures Trading Commission (CFTC) from the US accused the owners of BitMEX, one of the world’s largest Bitcoin derivatives exchanges, of illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations. According to the Official version As of October 1, 2020, the CFTC “is charging five entities and three individuals who … Read more

More than 48,000 bitcoins are withdrawn from BitMEX following CFTC indictment

Users of the BitMEX exchange have withdrawn more than 48,000 bitcoins (BTC) from the platform in just a few hours, which represents an equivalent of 500 million dollars. The situation occurs after the United States Commodity Futures Trading Commission (CFTC) accused the exchange of violating anti-money laundering regulations and offering trading services. trading illegal. In … Read more

CFTC promises to protect ‘burgeoning markets for digital assets like Bitcoin’

The CFTC continues its announcements this week due to recent fraud. On Friday, the Trading Commission for Product Futures made a scammer returned $ 7.4 million to investors while vowing to protect the Bitcoin market. According to the announcement of James McDonald, director of the commission’s enforcement division, said: The CFTC will continue to work … Read more

Record Bitcoin price, KuCoin hacked, BitMEX accused by the CFTC and much more. A summary of the most important crypto news of the week

Donald Trump’s COVID-19 positive, BitMEX legal situation and KuCoin hack have shaken the market, although the price of Bitcoin and the rest of the market has not reacted as strongly as one might expect it to previously. Is it moving now at a more institutional pace? Thanks to a collaboration between Blockchain Summit Latam and … Read more

BitMex Denies CFTC and Justice Department Accusations, Says They Will Continue Operations

In aa blog post held this Thursday (October 1) in the afternoon, Bitmex lashed out at charges that the Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) filed against the exchange and its administration early today. Bitmex’s statement states that “From our inception as a startup, we have always sought to comply … Read more

Bitcoin Price Drops Hours After CFTC Charged BitMEX Co-Founders

The top cryptocurrency was trading close to $ 10,612 at the time of this writing and also represents a decline of about 4% in the last 24 hours, according to data from the trading view. Prices dropped nearly $ 300 in just minutes, but have recovered slightly as of this writing; but the price of … Read more

3 reasons why the CFTC lawsuit against BitMEX will not affect the price of Bitcoin

In the last hours, the price of Bitcoin (BTC) fell when the US Commodities and Futures Trading Commission (CFTC) accused BitMEX of facilitating money laundering and operating an illegal crypto derivatives exchange. An even greater commotion ensued when authorities announced the arrest of Samuel Reed, one of the co-founders of BitMEX. BitMEX has been the … Read more

CFTC accuses BitMex of illegally operating derivatives exchange

The United States Commodity Futures Trading Commission, or CFTC, accused the BitMEX derivatives exchange of operating an unregistered trading platform and violating anti-money laundering regulations. According to a release Released Thursday, the CFTC filed a civil lawsuit in the Southern District of New York against five entities and three individuals who allegedly own and operate … Read more