CFTC announces .8M settlement against brokerage firm FalconX

CFTC announces $1.8M settlement against brokerage firm FalconX

The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao. Source link

FalconX has 18% of its Funds Locked in Bankrupt FTX

FalconX has 18% of its Funds Locked in Bankrupt FTX

Leading crypto brokerage firm FalconX revealed that roughly 18% of its funds are stuck on the bankrupt crypto exchange FTX. According to the firm’s December 8 press statement, its financial position remains strong…

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