Home > Quick > Body

The CFTC has paid $1 million to whistleblowers of digital asset cases

clock
2024-08-11 05:44:19
The U.S. Commodity Futures Trading Commission (CFTC) announced on Aug. 8 that it had paid a $1 million reward to the whistleblower for providing information that led to enforcement action in the digital asset market. The regulator said the whistleblower provided previously unknown details of improper trading.
Under the Commodity Exchange Act (CEA), the CFTC did not disclose the identity of the whistleblower, specific enforcement actions, or the exact amount of the reward. IanMc Ginley, CFTC enforcement director, praised the whistleblower, saying that as more Americans fall victim to digital asset scams, their information is critical.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.