Seventh Circuit Expands CFTC Reach: Unregistered Crypto Platforms Must Register as FCMs
COURT SLAMS DONELSON, BROADENS CFTC REACH OVER DIGITAL ASSETS The Seventh Circuit just handed the CFTC a sweeping victory that could reshape how every crypto trader, exchange, and DeFi protocol treats regulatory oversight. By affirming the district court’s judgment against James Donelson, the appeals court confirmed that his unregistered crypto trading operation violated federal commodities…
