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.”

View Original
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

Uniswap Token Scam Collective Lawsuit Wins, Open Source Developers' Indemnity Established

The Southern District Court of New York dismissed the class-action lawsuit against Uniswap Labs, ruling that the plaintiffs failed to adequately allege that the defendants were aware of the fraud or violated consumer protection laws. The court emphasized that open-source developers should not be held responsible for third-party misuse. This ruling provides legal protection for DeFi developers and clarifies the boundaries of liability for scams.

MarketWhisper3m ago

Cryptocurrency scams target dating apps, $327,000 USDT seized

Boston authorities in the United States have filed charges in a cryptocurrency dating scam case, where the victim was defrauded of $327,829.72 in Tether (USDT) by the scammer "Linda Brown" through a dating app. The case fits the "pig butchering" scam pattern, where the scammer first builds emotional trust before inducing investment. USDT, due to its stability and anonymity, has become the main tool for scam funds, highlighting the severity of current crypto scams and the enforcement challenges.

MarketWhisper8m ago

U.S. prosecutors seek to seize $327,000 USDT in connection with "Pig Butchering" crypto scam case

Massachusetts federal prosecutors have filed a lawsuit seeking to recover 327,829.72 USDT involved in a cryptocurrency scam through a dating app. The suspect used the fake identity "Linda Brown" to lure victims into investing, and the victims discovered they had been scammed after withdrawal attempts failed. The case highlights the increasing vigilance of U.S. regulators against romance-related crypto scams.

GateNews2h ago

US Prosecutors Seek $327K Crypto Forfeiture Over Romance Scam

U.S. prosecutors are seeking to forfeit nearly $328K linked to a crypto romance scam where a Massachusetts resident was deceived into investing in a fake cryptocurrency opportunity. The funds were traced through various wallets before being converted into Tether (USDT).

Decrypt4h ago

Trump’s CFTC Appoints Crypto Lawyer to Lead Shrinking Enforcement Team

The CFTC appointed David Miller, a crypto defense attorney, to lead its enforcement division amidst significant staff cuts. While focusing on fraud and manipulation, the agency aims to expand its regulatory role in crypto and prediction markets.

Decrypt6h ago

U.S. CFTC appoints former prosecutor David Miller as Enforcement Chief

ChainCatcher reports that, according to Reuters, the U.S. Commodity Futures Trading Commission (CFTC) announced on Monday that former prosecutor David Miller will become the agency's Chief Enforcement Officer. This move comes as the CFTC prepares to strengthen regulation of cryptocurrencies and prediction markets. As the new head of enforcement at the CFTC, Miller will be responsible for leading the agency's regulatory enforcement efforts in the digital asset space.

GateNews9h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)