Stephen Ehrlich, who served as CEO of crypto lending firm Voyager Digital amid its bankruptcy filing, could face a CFTC enforcement action, according to a new report.
Following the lending firm's bankruptcy filing in July 2022, U.S. officials were reportedly considering taking action against Stephen Ehrlich for violating derivatives regulationsOfficials at the United States Commodity Futures Trading Commission were reportedly considering an enforcement action against Stephen Ehrlich, the former CEO of crypto lending firm Voyager Digital.taking action against Ehrlich following an investigation concluding the former CEO violated U.S.
The firm“These allegations appear to be one of those times where the referees are making new rules and calling foul after the game has ended.”from the U.S. Federal Trade Commission “for [its] deceptive and unfair marketing of cryptocurrency to the public”. A bankruptcy courtagainst crypto firms which have the potential to make waves across the U.S. regulatory space, but many of the enforcement actions in 2023 have been brought by the Securities and Exchange Commission.
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How Binance Turned Its Failed Token ICO Into A Billion Dollar WindfallI write about digital assets trends and am a leading creator of the Forbes Digital Assets tools and functionality our viewers require. I support the generation of relevant, curated investor content using a variety of digital assets data. Apart from my responsibilities as Director of Data and Analytics, I write about crypto exchanges, top digital assets, crypto funds, and active trading. I've the good (or suspect) fortune of having a Wall Street analyst background, and have written on topics related to wealth management, retail brokerage, and digital assets. I'm also a McGraw-Hill author.
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