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Latest from Cheyenne Ligon
CFTC Charges Digitex Founder Adam Todd With Running Illegal Crypto Derivatives Trading Platform
The regulator said Todd failed to register his service as a futures trading platform with the agency.

Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Chairman Behnam Says
CFTC Chairman Rostin Behnam argued on Wednesday that nonbank institutions, including crypto exchanges, “thrive” in conditions of regulatory certainty.

The CFTC Served Ooki DAO Papers by Posting Them in an Online Discussion Forum
The CFTC’s motion for alternative service asks a California judge to approve of the unconventional way Ooki DAO members were served.

Crypto Exchange FTX Is Moving Its US Headquarters From Chicago to Miami
The exchange has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million.

Crypto Exchange FTX.US President Brett Harrison Stepping Down
Zach Dexter, the CEO of FTX's U.S. derivatives unit, will take over Harrison's role, according to a source.

Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting
Friedman LLP, a New York-based accounting firm that provided auditing services for the stablecoin issuer in 2017 is accused of “serial violations of the federal securities laws” and “improper professional conduct.”

CFTC’s Ooki DAO Action Shatters Illusion of Regulator-Proof Protocol
The action raises still-unanswered questions about who is culpable when a DAO commits a crime – will casting a vote with a governance token be seen as a smoking gun?

Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam
The DOJ says James Wolfgramm gained the trust of his victims by flaunting images on his social media of digital wallets filled with millions of dollars of crypto, among other lures.

Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens
In a leaked audio file, Nuke Goldstein, the firm's co-founder and chief technology officer, detailed a potential plan to issue wrapped tokens representing the debt to customers.

Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.
