Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM and KLIMA, as commodities.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Derivatives pauses futures trading for up to nine hours of maintenance
The maintenance highlights the importance of disaster recovery readiness and could bolster user trust, paving the way for 24x7 tra...
Ripple Prime Brings Round-the-Clock RWA Swaps Into Institutional Trading
TL;DR: Ripple Prime says eligible institutional clients can trade perpetual swaps referencing more than 100 traditional markets th...
Kraken Parent Payward Eyes First CFTC-Regulated Hyperliquid Futures Market
Kraken parent Payward plans to become the first Commodity Futures Trading Commission (CFTC)-regulated operator to deploy perpetual...
New York Seeks $1.3 Billion From NovaTech Founders In Crypto Fraud Case
TL;DR: New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and has announced nearly $6 mil...
Hyperliquid unveils HIP-3* to support regulated US perpetual futures through Payward
The introduction of regulated perpetual futures could enhance market accessibility and compliance, potentially boosting US crypto...
Kraken Ends Trading In 13 Tokens As A Separate Withdrawal Deadline Begins
Kraken’s October delistings have moved into the withdrawal phase. Trading and deposits for 13 assets were scheduled to stop on Oct...