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.”

Share This Post

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.

Related Posts

Ethereum Faces Resistance at $4,000, But Bullish Indicators Suggest Continued Gains

Ethereum has encountered resistance at the $4,000 mark, stalling...

Solana Gains Ground on Ethereum in Q4 2024, Positioned for DeFi Dominance

As 2024 comes to a close, Solana and Ethereum...

Institutional Interest in Ethereum Grows as Spot ETFs See $145 Million Inflow

Ethereum spot ETFs are witnessing a surge in institutional...

Institutional Confidence Drives Bitcoin to Record Highs Amid Surge in ETF Inflows

Bitcoin has reached new record highs, with institutional confidence...

Bitcoin Hits Record $108,000 as Bull Run Continues into 2024

Bitcoin reached a new all-time high of $108,000 on...

Ohio Bill Proposes Bitcoin Integration into State Financial Plan

Ohio lawmakers are considering a groundbreaking proposal to incorporate...