Description
The CFTC sues 1Pool for illegally offering off-exchange retail commodity transactions without being registered and not implementing adequate AML and relate supervisory procedures required by such registration.
Legal Significance
Early CFTC enforcement action applying traditional commodities laws to cryptocurrency derivatives.
Status
Settled
Case No.
1:18-cv-02243
Date Filed
September 27, 2018
Plaintiff
CFTC
Defendant
1Pool Ltd.Patrick Brunner
Court
USDC District of Columbia
Plaintiff Counsel
Candice Leigh AloisiManal SultanHarry Edward Wedewer
Defendant Counsel
Wiley Rein LLP
Major Filing
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