Ninth Circuit Confirms Bitcoin Is a Commodity; CFTC Wins Landmark Fraud Case Against Crombie
CFTC Crushes Crypto Trader in Landmark Fraud Win The Ninth Circuit just handed the CFTC a decisive victory against James Devlin Crombie, upholding a lower court’s ruling that slapped him with millions in penalties for crypto Ponzi schemes. Crombie’s appeal bombed, affirming CFTC’s power to police fraud in Bitcoin and altcoin trading platforms. This isn’t…
