The Commodity Futures Trading Commission (CFTC) has revealed that it has paid out $16 million to whistleblowers this year. According to Commissioner Christy Goldsmith Romero, the majority of the 1,530 tips received by the CFTC were related to cryptocurrency. Romero stated that the crypto industry continues to be plagued by fraud and other illegal activities. With the increasing popularity of cryptocurrencies, more retail customers have come under the jurisdiction of the CFTC, making the efforts of the Whistleblower Program and the Office of Customer Education and Outreach even more crucial.
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North America |
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Christy Goldsmith Romero |
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CFTC, Commodity Futures Trading Commission, Office of Customer Education and Outreach |
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