CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO, Stephen Ehrlich.
Voyager Ex-CEO Charged by U.S. Regulators With Fraud, Making False Claims
U.S. regulators have targeted former Voyager Digital CEO Stephen Ehrlich with lawsuits claiming he engaged in fraud and deliberately misrepresented his customers’ government protections.
Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators
‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws
The group believes GPT-4 violates Section 5 of the FTC Act, which prohibits ”unfair or deceptive acts or practices in or affecting commerce.”
Voyager Being Probed For Deceptive Crypto Marketing, FTC Says
The US Federal Trade Commission doesn’t want bankruptcy proceedings for the crypto lender to halt its investigation
US consumer watchdog probes crypto firms over deceptive ads
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.
Social media blamed for $1B in crypto scam losses in 2021
Nearly half of the consumers that reported a cryptocurrency-related scam in 2021 said it started with an ad, post, or message on social media.
FTC to Host Consumer Protection Workshop on Cryptocurrency Scams
The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June.
Judge Backs FTC Asset Freeze in Crypto Fraud Case
U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.
US Trade Regulator Launches Blockchain Working Group
The Federal Trade Commission has formed a working group to examine the ways in which blockchain and cryptocurrencies will affect its missions.
US Trade Regulator Shuts Down Crypto Investment Scheme Promoters
A U.S. district court has issued a restraining order against four individuals accused of operating a string of cryptocurrency investment schemes.