Seventh Circuit Says CFTC Can Fight Crypto Fraud Without Howey Test
SEC Crushed: CFTC Wins Big on Crypto Fraud Authority The Seventh Circuit just handed the CFTC a massive victory, ruling that the agency can pursue fraud claims against crypto promoter James Donelson for scams tied to “pure promises” like future token sales—expanding oversight into DeFi’s wild west. This isn’t just a slap on one grifter;…
