According to the regulator on Tuesday, about half of the Commodities Futures Training Commission’s enforcement actions in fiscal 2023 included digital assets. These proceedings included prosecutions of cryptocurrency-related businesses and “individual Ponzi schemers.”
The CFTC said that it “cemented its reputation as a premier enforcement agency in the digital asset space” with 47 enforcement actions related to crypto. It also noted that it “brought an innovative litigation involving cross-market manipulation in blockchains; obtained a first-of-its-kind litigation victory against a decentralised autonomous organisation; charged and won another litigation victory against a digital asset futures platform.” Lastly, it continued its efforts to protect the public in the decentralised finance space.