CFTC's Declaration: Ethereum and Bitcoin Classified as Commodities in KuCoin Lawsuit

The Commodity Futures Trading Commission (CFTC) has taken legal action against KuCoin, a digital asset exchange, for allegedly violating the Commodity Exchange Act (CEA) and CFTC regulations. The lawsuit targets several companies collectively operating under the name KuCoin, accusing them of multiple violations related

The Commodity Futures Trading Commission (CFTC) has taken legal action against KuCoin, a digital asset exchange, for allegedly violating the Commodity Exchange Act (CEA) and CFTC regulations. The lawsuit targets several companies collectively operating under the name KuCoin, accusing them of multiple violations related to commodity trading.