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November 1, 2023

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

Aria Mitchell
Written byAria MitchellWriter
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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Aria Mitchell
Aria Mitchell
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From Rotorua's scenic landscapes, Aria Mitchell shines as New Zealand's leading expert in localizing online casino content. Marrying Kiwi essence with global gaming insights, she's the name trusted nationwide.

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