Home BlockchainCFTC's 'Top Cop' Legal Team Eliminated Amid Embrace of Crypto, Prediction Markets: Report

CFTC's 'Top Cop' Legal Team Eliminated Amid Embrace of Crypto, Prediction Markets: Report

by Decrypt
0 comments
CFTC's 'Top Cop' Legal Team Eliminated Amid Embrace of Crypto, Prediction Markets: Report

In brief

  • The CFTC’s Chicago enforcement team—long seen as the agency’s “top cop”—has been fully wiped out.
  • The office, which once employed 20 enforcement attorneys, now has zero, according to a Barron’s report.
  • The massive reduction comes as the CFTC seeks to significantly expand its purview to include crypto and prediction markets.

The CFTC office widely regarded as the regulator’s “top cop” has been reduced to non-existence—at the same time the Trump administration has sought to…

You may also like

Leave a Comment