Ninth Circuit Upholds CFTC Win, Signals Crackdown on Leveraged Crypto Trading
CFTC WINS NINTH CIRCUIT ROUND AGAINST CRYPTO TRADER The Ninth Circuit just handed the CFTC a clear win over defendant James Devlin Crombie, upholding liability for unregistered commodity trading in what amounts to an early crypto-era enforcement action. The decision matters because it signals that federal commodity regulators will keep their grip on leveraged crypto…
