CFTC charges three entities related to the development of decentralized financial marketplaces in an unprecedented hostile approach towards the crypto space.
The Commodities Futures Trading Commission announces charges and settlements with three companies that may mean very bad news for all DeFi operations doing business with U.S. citizens.
Goldman Sachs has agreed to pay $5.5 million to settle allegations by the US Commodity Futures Trading Commission (CFTC) that it failed to properly record and retain thousands of phone calls. The CFTC claimed that the bank relied on two external systems to record audio conversations, but these systems sometimes failed in 2020.