CFTC Slaps CEO With Record $1.7 Billion Bitcoin Fraud Charge | Bitcoinist.com

The CFTC might have caught the “biggest fish” in the ocean. And there could be more out there.
The U.S. commodities watchdog announced Friday that it had lodged a civil suit against a South African CEO and his company for operating a bogus commodity pool worth more than $1.7 billion in bitcoin.

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‘One Rule Book’ To Regulate Crypto, Proposed By SEC Chair Gary Gensler | Bitcoinist.com

SEC chairman Gary Gensler has reportedly proposed a one rule book approach to regulate all crypto asset trading. Gary Gensler is in direct communication with the regulatory counterparts at Commodities Futures Trading Commission (CFTC).

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Terrible crypto trader gets 42 months for fraud, claiming he was a total gun

A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency funds claiming to make big returns but in reality were losing money and instead operated as a Ponzi scheme.

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Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up

Ether (ETH) pundits have been shouting that the $5,000 price is ‘programmed,’ since 2018 and some go even further by calling for $20,000 over the long-term. 

$5000 $ETH.
It is programmed.
— Koroush AK (@KoroushAK) October 29, 2021
A portion of these bullish calls are based on ETH 2.

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Bitcoin price descending channel and loss of momentum could turn $60K to resistance

Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded.

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Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally

Bitcoin (BTC) has been trading in a descending channel pattern since its $67,000 all-time high on Oct. 20, which was just one day after ProShares’ Bitcoin Strategy ETF (BITO) debuted at Nasdaq.
However, bulls have a sufficient number of incentives to peg Bitcoin’s price above $60,000 on Oct.

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Biden’s pick for CFTC chair wants the agency to be a ‘beat cop’ with the authority to oversee 60% of digital asset market

Acting chairperson of the Commodity Futures Trading Commission, or CFTC, Rostin Behnam has likened the government agency’s enforcement of the digital asset space to a beat cop on duty.
At an Oct. 27 hearing of the U.S.

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