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TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures

"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.

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TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures

"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.

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CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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