CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud, making false claims By Cointelegraph
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The United States Commodity Futures Trading Commission (CFTC) and Federal Trade Commission (FTC) have filed parallel lawsuits against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.
In an Oct. 12 announcement, the CFTC said it had filed a lawsuit in U.S. District Court for the Southern District of New York against Ehrlich and Voyager for alleged fraud and “registration failures” connected to the platform and its “unregistered commodity pool”. The commission said it planned to seek restitution, disgorgement, civil monetary penalties, and permanent trading and registration bans.
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The United States Commodity Futures Trading Commission (CFTC) and Federal Trade Commission (FTC) have filed parallel lawsuits against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.
In an Oct. 12 announcement, the CFTC said it had filed a lawsuit in U.S. District Court for the Southern District of New York against Ehrlich and Voyager for alleged fraud and “registration failures” connected to the platform and its “unregistered commodity pool”. The commission said it planned to seek restitution, disgorgement, civil monetary penalties, and permanent trading and registration bans.
Continue Reading on Coin Telegraph
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