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Tag: FTC

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CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling. Read full article
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SEC, CFTC Target Goliath Ventures Over $400M Crypto Ponzi
Federal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors. Customers Put at Least… Read full article
12h ago
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SEC, CFTC Forge Their Own Crypto Paths as CLARITY Act Stalls Out
As far as digital asset regulation is concerned, the U.S. Securities and Exchange Commission (SEC) is not waiting around for Congress. The agency has scheduled an open meeting for Friday, Aug. 14, to weigh a proposal that could make it… Read full article
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SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
Regulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending. Read full article
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Judge stays CFTC’s case against US solider over prediction market bets
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets. Read full article
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