Seventh Circuit Expands CFTC Anti-Fraud Reach in Crypto Case
CFTC WINS ON FRAUD—CRYPTO TRADERS ON NOTICE The Seventh Circuit just handed the CFTC a clean win in its case against trader James Donelson, holding that the agency can pursue fraud claims even when the underlying instruments sit in a legal gray zone. The ruling matters because it shows courts will let regulators police deception…
