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The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals over a $950 million foreign-exchange investment case involving cryptocurrencies. The defendants are Cash FX and its CEO Huascar José López Castillo of Brazil, The Conversion Pros and its CEO Ronald Pope of Oregon, and Justin Halladay of Florida. CFTC said … Read more
Mark Ueda, who served as acting chairman of the US Securities and Exchange Commission (SEC) before Paul Atkins’ confirmation, said the agency has dropped civil cases against cryptocurrency companies filed under the previous administration as it makes a “180-degree change” in rulemaking. In a Wednesday panel at the Psaros Center for Financial Markets and Policy’s … Read more