Re:U.S. Regulators to Subpoena Crypto Exchange Bitfinex, Tether
by jboggan on Tuesday January 30, 2018 @02:08PM
(#16267997)
That would be the SEC's domain. If CFTC is getting involved it's probably because they are potentially manipulating the price on a regulated futures contract.
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Re:U.S. Regulators to Subpoena Crypto Exchange Bitfinex, Tether
by AlexCoventry on Tuesday January 30, 2018 @04:26PM
(#16269195)
But bitcoin futures didn't start until Dec 17, and the subpoena was sent Dec 6, so that would imply they're messing in futures based on some other commodity.
Re:U.S. Regulators to Subpoena Crypto Exchange Bitfinex, Tether
by jboggan on Tuesday January 30, 2018 @05:37PM
(#16269737)
You are correct about the dates but the regulatory planning and preparation for the CFTC regarding the futures contracts has been a long process. CFTC had jurisdiction and interest in assessing asset pricing conditions leading up to the contract launch.