Seventh Circuit Expands CFTC Reach With Offshore Crypto Leverage Case
SEC Crushed: CFTC Wins Major Win on Crypto Leverage Trading The Seventh Circuit just handed the CFTC a knockout blow against rogue crypto trader James Donelson, upholding penalties for offering illegal leveraged Bitcoin positions to U.S. customers. This ruling slams the door on offshore platforms dodging U.S. rules, signaling regulators can chase high-risk crypto derivatives…
