Seventh Circuit Affirms CFTC Win in Donelson Fraud Case, Expands Reach Over Leveraged Crypto Schemes
CFTC WINS KEY RULING ON DONELSON FRAUD APPEAL The Seventh Circuit just handed the Commodity Futures Trading Commission a decisive win in its long-running case against James Donelson, affirming both liability and a multimillion-dollar penalty. The ruling cements the agency’s power to police unregistered crypto-like trading schemes that blur into commodity futures, and it signals…
