Tag: CFTC

Ex-Celsius CEO Alex Mashinsky Gets Lifetime Trading Ban

Key highlights: The CFTC has secured a ban preventing former Celsius CEO Alex Mashinsky from trading commodities in the US. The ban ends the CFTC’s case with Mashinsky and Celsius after nearly four years. Mashinsky is serving a 12-year sentence for committing securities and commodities fraud. The Commodity Futures Trading Commission (CFTC) has ended its […]

What New York’s Prediction Market Lawsuit Means for Crypto Exchanges

By admin New York Attorney General Letitia James has filed a lawsuit against Gemini, alleging that the platform’s cryptocurrency-based prediction markets operate as illegal gambling under state law. The legal action highlights a rapidly intensifying jurisdictional clash between state gambling regulators and the federal Commodity Futures Trading Commission, which has already granted Gemini licenses to […]