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CFTC Pursues Record Number of Crypto Cases, Resulting in Over $4.3 Billion in Penalties and Restitution

The Commodity Futures Trading Commission (CFTC) has reported a record number of cases in the digital asset space, with 47 actions involving conduct related to digital asset commodities resulting in over $4.3 billion in penalties, restitution and disgorgement. The CFTC has cemented its reputation as a premier enforcement agency in the crypto space, according to its statement. The regulator has pursued some of the biggest actions in the space, including charges against collapsed digital asset exchange FTX, Binance and bankrupt crypto lender, and has also settled charges against a number of decentralized finance (DeFi) protocols.

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