Federal Judge Says CFTC Can Regulate Virtual Currencies
On March 6, a Federal District Court in the Eastern District of New York entered a 79-page order that provides the Commodity Futures Trading Commission (CFTC) the power to pursue virtual currency fraudsters. Judge Weinstein held that the CFTC has standing to seek relief related to misleading advice, fraudulent schemes, and misappropriation of virtual currencies, […]
CG
Charles Gianelloni
Partner