Seventh Circuit Blocks CFTC’s Disgorgement in Conway Family Trust Crypto Case
SEC Overreach Smacked Down: CFTC Can’t Claw Back Trust Funds The Seventh Circuit just gutted the CFTC’s power grab on a family trust’s crypto winnings, ruling the agency can’t force disgorgement without proving actual harm to investors. This 2016 case, revived in recent filings, torches the regulator’s habit of punishing winners instead of proven fraudsters,…
