“During the Relevant Period, the digital assets traded on the Protocol through the Interface included a limited number of leveraged tokens, which provided users approximately 2:1 leveraged exposure to digital assets such as ether (ETH) and bitcoin (BTC), both commodities in interstate commerce,” a CFTC filing said.
Related posts
-
CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act
The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000... -
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs, a key player in the crypto industry,... -
Matter Labs Restructures, Lays Off 16% of Team
The company made the move to adapt to “the different type of technology and support” that...