The CFTC intervenes in the crypto market a second time this week.
Yesterday, Friday, the American derivatives trading agency, the Commodity Futures Trading Commission (CFTC), induced a crypto scammer to repay $ 7.4 million in stolen funds.
At the same time, the authority emphasized that Bitcoin investors enjoy the same protection from it as everyone else
In this regard, James McDonald, the director of the CFTC’s Law Enforcement Division, writes:
“The CFTC will continue to work to protect the markets from fraud, including the emerging market for digital currencies like Bitcoin. Where necessary, we will work closely with our law enforcement colleagues. ”
The CFTC’s most recent blow was against Jon Barry Thomson
The latter pleaded guilty to having stolen US $ 7 million from two investors through a fraudulent Bitcoin project.
It seems that the regulator is stepping up its efforts regarding the crypto markets, as on Friday it also brought charges against the influential crypto trading platform BitMEX, which caused a big stir in the crypto industry.