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November 1, 2023

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

Emily Tremblay
Written byEmily TremblayWriter
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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Emily Tremblay
Emily Tremblay
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Emily, a dynamic blend of tech-savvy and casino enthusiast, hails from the snowy landscapes of Canada. With her innate grasp of cultural nuances, she ensures online casino guides resonate deeply with Canadians. Emily's spirited and engaging nature makes her a favourite among peers.

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