CFTC Wins Landmark Crypto Pump-and-Dump Case, Expands Authority Over Spot Markets
CFTC Crushes Crypto Trader in Landmark Fraud Win The Seventh Circuit just handed the CFTC a decisive victory against crypto trader James A. Donelson, upholding a lower court’s ruling that his pump-and-dump scheme on decentralized exchanges violated federal commodities law. This isn’t just a slap on one rogue operator—it’s a green light for regulators to…
