DC Circuit Narrows CFTC Authority in Crypto Derivatives Manipulation Case
COURT SLAPS CFTC IN CRYPTO DERIVATIVES RULING A divided D.C. Circuit just handed crypto traders and platforms a narrow but telling victory by vacating a CFTC enforcement order against Trevor Kitchen, a former crypto options strategist. The three-judge panel ruled that the agency exceeded its statutory reach when it sanctioned Kitchen for allegedly manipulative trading…
