CFTC Says 2023 Saw Record Number of Digital Asset Complaints, Nearly Half of All Enforcement Actions

CFTC Says 2023 Saw Record Number of Digital Asset Complaints, Nearly Half of All Enforcement Actions


The Commodity Futures Trading Commission (CFTC) says that 2023 has seen a record number of complaints about crypto assets, which were the topic of nearly half of its enforcement actions.

In a new press release, the regulatory agency says that fiscal year 2023 has seen a record number of digital asset cases, ultimately culminating in 47 enforcement actions.

“In FY 2023, the CFTC cemented its reputation as a premier enforcement agency in the digital asset space.

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It filed high-profile complaints addressing frauds by major exchanges, individual Ponzi-schemers, and others; obtained a first-of-its-kind litigation victory against a decentralized autonomous organization; charged and won another litigation victory against a digital asset futures platform; brought an innovative litigation involving cross-market manipulation in blockchains; and continued its efforts

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