CryptoCFTC pays out $16 million to tipsters this year for mostly crypto...

CFTC pays out $16 million to tipsters this year for mostly crypto tips

The U.S. commodities regulator has paid out $16 million this year to whistleblowers who provided information that led to successful enforcement actions, with the majority of tips involving crypto.

In an Oct. 31 statement, Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero said most of the tips received this year involved crypto, which she said is “an area where fraud and other illegality continues to be pervasive.”

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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