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Results for "FTC"

3 total
Payward Closes $550M Bitnomial Deal, Securing CFTC Derivatives Stack
VERIFIEDBy Xavier Rivera·Crypto/Finance· ·via CoinDesk·1.5 min read

Payward Closes $550M Bitnomial Deal, Securing CFTC Derivatives Stack

Payward, the parent of Kraken, has acquired Bitnomial for up to $550 million in cash and stock. The deal provides a complete CFTC-regulated derivatives stack, enabling direct offering of regulated crypto products in the U.S. and following its earlier NinjaTrader purchase.

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Celsius Founder Mashinsky Settles FTC Case for $10M
VERIFIEDBy Xavier Rivera·Crypto/Finance· ·via CoinTelegraph·1 min read

Celsius Founder Mashinsky Settles FTC Case for $10M

Celsius founder Alexander Mashinsky settled an FTC case with a $10 million payment linked to a mostly suspended $4.72 billion judgment. The order permanently bans him from asset-related promotions and preserves the FTC's option to revive the full amount over disclosure issues.

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CFTC Sues Wisconsin Over Prediction Markets Jurisdiction
VERIFIEDBy Xavier Rivera·Crypto/Finance· ·via CoinDesk·1 min read

CFTC Sues Wisconsin Over Prediction Markets Jurisdiction

The CFTC sues Wisconsin after the state targets prediction market platforms like Kalshi and Coinbase as unlicensed gambling. The action continues Chairman Mike Selig's campaign asserting exclusive federal jurisdiction over event contracts.

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