The U.S. Commodity Futures Trading Commission (CFTC) is asking a federal judge to rule that a decentralized autonomous organization (DAO) violated federal commodities laws after it failed to respond to an ongoing lawsuit. The CFTC, which sued Ooki DAO last year on charges of running an unregistered crypto futures trading facility and failing to conduct proper know-your-customer checks, argued in a filing Wednesday that the date for the DAO to respond – Jan. 10, 2023 – had come and gone, and said the court should enter a default judgment against the group. (Coindesk)

The U.S. Securities and Exchange Commission is also investigating self-confessed Mango Markets exploiter Avraham Eisenberg over his role in extracting $110 million from the decentralized protocol. 

Over the past few months, U.S. attorneys in Seattle have been asking financial firms to hand over records of communication with Binance, according to a weekend Washington Post report. The newspaper cites two anonymous sources who have reviewed the subpoenas.

The Commodity Futures Trading Commission is suing Avraham Eisenberg, aka Mango Avi, over alleged manipulation of swaps on Mango Markets, a decentralized exchange on the Solana blockchain. 

There has been an upward trend in the number of crypto investigations conducted and publicly disclosed by U.S. federal law enforcement and regulatory agencies.

The US Commodity Futures Trading Commission asserts that Sam Bankman-trading Fried’s firm Alameda Research had a covert speed advantage when processing orders on his now-defunct FTX cryptocurrency exchange.

The U.S. Commodity Futures Trading Commission (CFTC) stated in its Dec. 13 court filing against FTX founder Sam Bankman-Fried that digital assets like Bitcoin(BTC), Ethereum (ETH), and Tether (USDT) are commodities.

The CFTC is the latest regulatory agency to charge SBF, FTX and Alameda with violating existing commodities laws and regulations.

The Commodity Futures Trading Commission (CFTC), the United States derivatives market regulator, on Tuesday charged Sam Bankman-Fried, the Founder and former CEO of bankrupt cryptocurrency exchange, FTX, with “fraud and material misrepresentations in connection with the sale of digital commodities in interstate commerce.”

U.S derivatives regulator Commodity Futures Trading Commission (CFTC) is planning to sue the co-founder of bankrupt crypto exchange FTX, Sam Bankman-Fried, for fraud, Bloomberg reported, citing a source.