CFTC appoints former federal prosecutor David Miller to lead enforcement, strengthening cryptocurrency regulation

ChainCatcher reports that, according to The Block, Commodity Futures Trading Commission (CFTC) Chairman Michael Selig announced the appointment of David Miller as head of the agency’s enforcement division.

Miller previously served as a federal prosecutor and has extensive experience in digital asset cases in the private sector. This appointment comes as the CFTC prepares to play a more significant role in cryptocurrency industry regulation. Miller stated, “I am honored to join the CFTC during this exciting period of change.” Selig emphasized that Miller will focus on “combating fraud, abuse, and manipulation, rather than policy making.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

Grinex, a sanctioned crypto-ruble exchange, has halted operations due to a cyberattack that stole over $13.74 million in USDT. The attack is believed to involve state-level actors aiming to destabilize Russia's financial system. Grinex is cooperating with law enforcement but has no timeline for resuming services.

Coinpedia24m ago

Democratic Senators Question Lax AML Oversight of Major CEX Over $1.7B Iran-Linked Crypto Flows

Democratic senators are scrutinizing the Trump administration's oversight of a cryptocurrency exchange linked to $1.7 billion in Iranian transactions, questioning its AML controls and a lenient bank settlement on sanctions evasion.

GateNews5h ago

Figure Faces Short Seller Accusations Over Blockchain Integration Claims; FIGR Stock Down 53% From January Peak

Figure Technology Solutions faced allegations from Morpheus Research of overstating its blockchain technology use, resulting in a significant drop in share prices. Figure defended its operations, highlighting its digital asset features and strong performance metrics.

GateNews7h ago

Houston Crypto Fraudster Sentenced to 23 Years for $20M Meta-1 Coin Scam

Robert Dunlap, a Houston entrepreneur, was sentenced to 23 years in prison for a $20 million cryptocurrency fraud involving fake assets and deceptive practices, impacting over 1,000 victims. His case reflects a broader rise in crypto-related cybercrimes.

GateNews12h ago

U.S. Senator Blumenthal Pressures DOJ and Treasury Over Major CEX's Iran-Related Fund Flows

U.S. Senator Richard Blumenthal has requested clarification from the DOJ and FinCEN regarding compliance monitors for a major cryptocurrency exchange, amid concerns over compliance failures linked to substantial funds associated with Iran.

GateNews13h ago

Tether Freezes $3.29M USDT Linked to Rhea Finance Exploit

Tether froze $3.29 million in USDT linked to Rhea Finance exploit, ensuring user protection and ecosystem trust. Blockchain tracking enabled this action against suspicious wallets after attackers moved funds to evade detection.

GateNews14h ago
Comment
0/400
No comments