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November 1, 2023

CFTC Pays $16 Million to Whistleblowers, Majority Involving Cryptocurrency Fraud

Ethan Williams
Written byEthan WilliamsWriter
Researched byNikos PapadopoulosResearcher

The Commodity Futures Trading Commission (CFTC) has paid out $16 million to whistleblowers this year, with the majority of the 1,530 tips received involving cryptocurrency. Commissioner Christy Goldsmith Romero stated that crypto continues to be an area with pervasive fraud and other illegal activities. The rise of cryptocurrency has led to more retail customers falling under the CFTC's jurisdiction, making the efforts of the CFTC's Whistleblower Program and the Office of Customer Education and Outreach even more crucial.

CFTC Pays $16 Million to Whistleblowers, Majority Involving Cryptocurrency Fraud
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Ethan Williams
Ethan Williams
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Ethan Williams, a lively 24-year-old lad from the UK, brilliantly fuses his passion for online casinos with top-notch English localisation, creating bespoke casino guides for Britain's keen gaming lot.

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