FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator. source: https://www.coindesk.com/policy/2024/05/13/falconx-settles-with-cftc-for-18m-over-failure-to-register-as-futures-commission-merchant/?utm_medium=referral&utm_source=rss&utm_campaign=headlines