Seventh Circuit Affirms CFTC Win in Landmark Crypto Pump-and-Dump Case
CFTC Crushes Crypto Trader in Landmark Fraud Win The Seventh Circuit just handed the CFTC a decisive victory against crypto trader James Donelson, upholding a lower court’s ruling that his online pump-and-dump scheme violated federal commodities law. Donelson now faces millions in penalties, marking a rare appellate win for regulators targeting digital assets as commodities….
