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Daily Financial Regulation Update -- Friday May 24, 2024 | Paul Hastings LLP

Daily Financial Regulation Update -- Friday May 24, 2024 | Paul Hastings LLP
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Crypto and NFT-related enforcement Actions Continue to Flourish

CFTC charged four individuals with fraud for operating a bitcoin Ponzi scheme on the basis that bitcoin is a commodity subject to the CFTC’s enforcement jurisdiction. SEC charged two defendants with defrauding retail investors out of more than $124 million ....

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