Crypto Derivatives: On Misleading Measurements

Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. For a primer on crypto derivatives, download […]

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CFTC Takes Action Against Crypto Options ‘Ponzi Scheme’

A purported cryptocurrency and foreign exchange investment firm is in hot water with the U.S. Commodity Futures Trading Commission (CFTC) and stands accused of operating like a Ponzi scheme. In a press release on Wednesday, relating to a complaint filed Sept. 30., the CFTC said it’s charging Nevada-based Circle Society and its operator David Gilbert Saffron with […]

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LedgerX Claims ‘Personal Animus’ Drove Ex-CFTC Chair to Stall Approvals

LedgerX executives claim the U.S. Commodity Futures Trading Commission (CFTC) is treating them unfairly – because of a blog post. According to two letters obtained by CoinDesk via a Freedom of Information Act (FOIA) request, LedgerX believes former CFTC Chairman J. Christopher Giancarlo was personally biased against the company, and improperly used his position to […]

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Derivatives Drama: The Unintended Consequences of Crypto Regulation

Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter for institutional investors interested in crypto assets. Sign up here. Last week’s kerfuffle over the launch-that-wasn’t of LedgerX’s physically delivered futures […]

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What Happened: Why the First US Physical Bitcoin Futures Haven’t Launched

UPDATE (August 1, 2019, 19:30 UTC): LedgerX press representative Ryan Gorman told CoinDesk he will no longer be representing the company as of Thursday over ‘concerns‘ about the company’s failed launch of physical bitcoin futures. UPDATE (August 1, 2019, 16:10 UTC): In a series of tweets Thursday afternoon, LedgerX CEO Paul Chou said the CFTC […]

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