7th Circuit Blocks CFTC Clawback in Crypto Ponzi Case
SEC Crushed: CFTC Can’t Claw Back Trust’s Crypto Windfall The Seventh Circuit just slammed the door on the CFTC’s aggressive overreach, ruling that the Conway Family Trust doesn’t have to disgorge $8.5 million in trading profits from a crypto Ponzi scheme. In a stinging rebuke, the court vacated the agency’s restitution order, declaring the CFTC…
