CFTC Fines Falcon Labs over Unregistered Digital Asset Services
The CFTC fines Falcon Labs $1.77M for unregistered FCM activity, marking the first time a digital asset intermediary has been penalized for such violations. The Commodity Futures Trading Commission (CFTC) has issued an order of filing and settling charges against Falcon Labs, Ltd., a Seychelles-based company, for failing to register as a futures commission merchant (FCM), […]