CFTC broke records this year with 50% of cases crypto-related
The Commodities and Futures Trading Commission ( CFTC ) has released its annual report for 2023, detailing a record number of enforcement actions this year — 50% of which involved crypto or digital assets. Released on Tuesday, the CFTC’s annual results for fiscal year 2023 outlined several high-profile cases that have reverberated through the crypto industry. Charges brought against Sam Bankman-Fried, FTX, Alameda Research, and his co-conspirators received first mention in the report, followed by its case against Binance and its founder, Changpeng Zhao. This year’s “litigation victories,” as the CFTC puts it, featured several more crypto cases . July’s complaints against Celsius and its chief exec Alex Mashinsky made the honor roll, along with charges against Avraham Eisenberg and a first-of-its-kind enforcement against Ooki DAO. Not to mention a whopping $1.7 billion civil monetary penalty (CVM) against Mirror Trading International, marking th...