Seventh Circuit Rules Crypto Derivatives Are Futures, Bolstering CFTC Enforcement
CFTC Crushes Crypto Trader in Landmark Securities Dodge The Seventh Circuit just slammed the door on James A. Donelson’s bid to escape CFTC charges, ruling that his crypto trading scheme qualifies as illegal commodity futures activity. This decision hands the CFTC a big win, affirming their power to police digital assets as commodities and sending…
