‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023

The Commodity Futures Trading Commission (CFTC) has unveiled its enforcement outcomes for Fiscal Year (FY) 2023. It highlights a historic surge in digital asset cases, actions to enforce regulatory obligations for registrants, manipulation and spoofing cases, and groundbreaking court decisions in intricate legal disputes.

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. During FY 2023, the CFTC’s Division of Enforcement (DOE) initiated 96 enforcement proceedings, alleging fraud, manipulation, and various substantial infringements across various markets, encompassing digital assets and swaps markets. These actions led…

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