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

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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
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