LedgerX Claims Ex-CFTC Chairman Stalled Approvals Due to Personal Bias

Cryptocurrency derivatives firm LedgerX alleges that former United States Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo obstructed the approval of its amended Derivatives Clearing Organization (DCO) registration because of personal bias against the firm’s CEO Paul Chou.As Industry news outlet Coindesk repoted on Sept. 28, LedgerX made the allegations in two letters obtained via a Freedom of Information Act request.Per the report, while Giancarlo did not answer the outlet’s request for comment, Chou confirmed that the letters are real, accurate and are only some of the messages sent by the firm to the CFTC. Read more

Comments

Popular posts from this blog

Ethereum (ETH) Forming Bearish Pattern, $186 Hold Key | Buy ethereum with fiat currency

Bitcoin a decentralized cryptocurrency

British Tax Authority Updates Cryptocurrency Guidelines, says it is not money.