US federal court orders $130M in penalties against EmpiresX founders for crypto fraud. CFTC secures hefty fines and a ...

According to the court documents, Empires Consulting operated a fraudulent investment scheme, EmpiresX, which falsely promised high returns to investors. Pires and Goncalves were charged with ...

The Commodity Futures Trading Commission’s acting chair, Caroline Pham, removed the agency’s head of human resources, who was ...

CFTC bans EmpiresX founders and fines them $130 million for fraud after they misled investors and misused funds for personal expenses.

If approved, Gemini would be required to pay a $5-million civil monetary penalty and be enjoined from “making false or misleading statements” to the CFTC. The civil case filed against Gemini ...

The Commodity Futures Trading Commission (CFTC) has imposed a $130 million penalty on EmpireX for their involvement in a cryptocurrency scam. This ma ...

The Commodity Futures Trading Commission’s acting chair, Caroline Pham, removed the agency’s head of human resources, who was ...

The order requires Gemini Trust to pay a $5 million civil monetary penalty. “Making false or misleading statements to the CFTC in connection with a derivatives product certification undermines ...

A Florida court mandates over $128 million in penalties for Brazilian nationals and a Florida resident involved in a ...

BitMEX, a Seychelles-registered crypto exchange, was fined $100 million in connection with a previously entered guilty plea ...

Rostin Behnam, chair of the US Commodity Futures Trading Commission (CFTC), will step down on Jan. 20 after a four-year tenure marked by significant enforcement actions in the crypto sector and ...