Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency’s annual enforcement snapshot released on Tuesday.
The opening section of the report boasted that “the CFTC cemented its reputation as a premier enforcement agency in the digital asset space.” The U.S. derivatives regulator, which has authority over fraud and manipulation in the crypto markets, filed 47 actions in fiscal year 2023 against the crypto industry that represents a tiny fraction of the trading the regulator oversees.
Source: Crypto’s Bromance With U.S. CFTC May Be One-Sided, Enforcement Record Shows
