The United States commodities regulator certainly doesn’t want to look like it’s going easy on crypto, revealing it was behind 18 separate enforcement actions targeting digital assets in the 2022 fiscal year.

The CFTC said that 20% of the enforcements were aimed at digital asset businesses, with hairman Rostin Behnam stating: “This FY 2022 enforcement report shows the CFTC continues to aggressively police new digital commodity asset markets with all of its available tools.”

One of the more recent CFTC enforcement actions that gained notoriety in the crypto world was a $250,000 penalty against bZeroX, its successor Ooki DAO, and its founders in September.

Meanwhile, the report pointed to action against Tether Holdings for making “untrue or misleading statements” and “omissions of material” in connection with its Tether (USDT) stablecoin was ordered to pay a civil monetary penalty of $41 million.

Both the CFTC and Securities and Exchange Commission are currently wrangling for control of crypto-asset regulation.
Source: Cointelegraph
#crypto