Both Wang and Ellison pleaded guilty to the federal charges against them.
The agency seems to have contradicted its chairman Rostin Behnam’s position that ETH is a security.
In addressing the ongoing issue of token classification, the CFTC Chair has reiterated that Ethereum (ETH) is a commodity.
BitMEX was accused of breaching AML and KYC regulations, operating as a futures commission merchant without CFTC registration.
One of the biggest crypto exchanges has a complicated history in dealing with U.S. clients.
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