Seventh Circuit Vacates CFTC Win, Rules Crypto Advice Isn’t a Swap
SEC Crushes CFTC in Crypto Turf War Victory The Seventh Circuit just handed the CFTC a stinging defeat, vacating a lower court’s ruling that let the agency chase crypto promoter James Donelson for unregistered swaps advice. This blockbuster decision shreds the CFTC’s claim to regulate simple crypto consulting as “swaps,” spotlighting blurry lines between securities…
