Seventh Circuit Rules Bitcoin a Commodity, Expands CFTC’s Crypto-Fraud Powers
Court Slams Donelson, CFTC Wins Big on Crypto Fraud The Seventh Circuit just handed the CFTC a decisive victory and a clearer path to police crypto markets. By rejecting James Donelson’s appeal, the court affirmed that his unregistered trading operation violated the Commodity Exchange Act and left open the door for future enforcement against similar…
