bitcoin The increasing popularity of cryptocurrencies and cryptocurrencies has caused fraudsters to turn to this sector.
Cryptocurrency While scams in the crypto industry have skyrocketed over the past year, regulators continue to warn people about scams in the crypto industry.
In this context, making important statements about crypto frauds, CFTC officials Christy Goldsmith Romero he said it is not possible to audit all scams in this area.
Noting that there are so many cases of crypto scams, Romero stated that although the CFTC is working on several major cases, there is no way to audit all crypto scams as they are too many.
“There is a lot of fraud in this industry. There’s no way we can monitor all scams, but we have to do something.
At this point, cryptocurrency lawsuits, including its recent lawsuits against Binance and FTX, make up 20% of the CFTC’s workload.”
Pointing out that the crypto money industry is still a new industry, Romero said, SEC He also stated that the comparison of the CFTC with the CFTC is not correct.
“There is no war between the CFYC and the SEC over the regulation of the crypto industry.
I also disagree with the notion that the CFTC is a potentially friendlier regulator than the SEC. “
As it is known, the CFTC Binance and its founder/CEO Changpeng Zhao.
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