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Comment: US CFTC boasts of record $12.7 billion FTX settlement but still lacks digital enforcement tools

By Neil Roland ( August 9, 2024, 19:43 GMT | Comment) -- The US Commodity Futures Trading Commission yesterday justifiably reveled in its swift recovery of its largest settlement ever, $12.7 billion for customers of failed cryptocurrency exchange FTX Trading and its Alameda Research firm. But the derivatives regulator still lacks a holistic digital rule to protect customers, giving it relatively few enforcement tools to work with going forward.The US Commodity Futures Trading Commission yesterday justifiably reveled in its swift recovery of its largest settlement ever, $12.7 billion for customers of failed cryptocurrency exchange FTX Trading and its Alameda Research firm....

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