“Ehrlich and Voyager lied to Voyager customers,” said Ian McGinley, the CFTC’s enforcement director, in a statement about the suit, which calls for restitution, penalties and industry bans for the former executive. “While representing they would treat customers’ digital asset commodities safely and responsibly, behind the scenes, they took shockingly reckless risks with their customers’ assets, leading to Voyager’s bankruptcy and huge customer losses.”
Related posts
-
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
In a late Friday order, Judge Amy Berman Jackson, of the District Court for the District... -
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
The IRS said it tried to avoid some burdens on users of stablecoins, especially when used... -
Solana (SOL) ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
“Given that CME-traded solana futures don’t currently exist, it seems the only viable path for spot...