1. CFTC Closes First Individual FTX Case: Engineer Cooperated, Avoids $3.7M Penalty
The U.S. Commodity Futures Trading Commission (CFTC) has settled its first individual enforcement case stemming from the FTX collapse, closing the book on a former engineer who built the systems that moved billions in customer funds. In a significant outcome, the regulator imposed no civil monetary penalty on the indiv...