Seventh Circuit Upholds CFTC Victory in Landmark Crypto Fraud Case, Expands Crypto as a Commodity
CFTC Crushes Crypto Trader in Landmark Fraud Win The Seventh Circuit just handed the CFTC a major victory, upholding a lower court’s ruling against crypto trader James A. Donelson for orchestrating a $2.7 million Ponzi scheme via Telegram. Donelson lost his appeal, affirming the agency’s power to police crypto fraud as commodities trading violations— a…
