Cardano

<ul> 
 <li>The CFTC is presently contemplating whether to take action against Ehrlich.</li> 
 <li>While agency probes don’t often result in enforcement measures, this one may be an exception.</li> 
</ul> 
Defunct <a href="https://thenewscrypto.com/defi-news-insolvent-crypto-lender-voyager-digital-transfers-assets-to-coinbase/" target="_blank" rel="noreferrer noopener">Voyager Digital</a> is at the center of the newest dispute. <a href="https://board.fastcompany.com/profile/Stephen-Ehrlich-CEO-co-founder-Voyager-Digital/388528c3-bde5-4527-be66-08a7640d8ad8" target="_blank" rel="noreferrer noopener nofollow">Stephen Ehrlich</a>, Voyager Digital’s co-founder, has come under scrutiny after an inquiry by the Commodity Futures Trading Commission (CFTC). 
Most notably, a major US regulator has concluded that the co-founder of Voyager Digital Ltd. broke derivatives laws prior to the bankruptcy of the failing crypto lender, a year ago. According to a Bloomberg article quoting unnamed “people familiar with the matter,” the CFTC has closed its investigation of Voyager’s practices, including those of co-founder Stephen Ehrlich. 
<h3 class="wp-block-heading" id="h-enforcement-measures">Enforcement Measures</h3> 
Meanwhile, it has purportedly disclosed that <a href="https://thenewscrypto.com/cftc-chair-rostin-behnam-takes-tough-stance-on-defi-regulation/" target="_blank" rel="noreferrer noopener">CFTC</a> investigators have advised initiating enforcement action against Ehrlich. The company’s compliance with derivatives legislation is called into question pending the official approval of these proposals. 
Notably, the CFTC is presently contemplating whether to take action against Ehrlich. This includes the possibility of imposing fines and non-criminal penalties. While agency probes don’t often result in enforcement measures, this one may be an exception. 
Ehrlich is being accused of wrongdoing because they believe Voyager Digital lied to them about the safety of their assets. After conducting an extensive examination of Voyager’s business practices, the CFTC’s enforcement section made the allegation that Ehrlich was involved in these alleged frauds. 
Voyager’s proposal to compensate clients was accepted by a bankruptcy court in May, and the case is still ongoing. The Commodity Futures Trading Commission (CFTC) currently has many proceedings pending against cryptocurrency businesses that might cause a stir in the U.S regulatory landscape. 
Highlighted Crypto News Today: 
<a href="https://thenewscrypto.com/cardano-witnesses-bullish-momentum-further-surge-likely/" target="_blank" rel="noreferrer noopener">Cardano Witnesses Bullish Momentum; Further Surge Likely?</a>

Voyager Digital Co-Founder Faces CFTC Scrutiny Over Law Violations

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