Crypto Brokerage Firm Falcon Labs Set To Pay Over $1,768,000 in Settlement With CFTC

The U.S. Commodity Futures Trading Commission (CFTC) is ordering the Seychelles-registered cryptocurrency brokerage firm Falcon Labs to pay nearly $2 million to settle regulatory violations. CFTC says that Falcon Labs failed to properly register with the regulator and will consequently pay a total of $1,768,512 in the regulator’s first action against an unregistered futures commission […] source: https://dailyhodl.com/2024/05/15/crypto-brokerage-firm-falcon-labs-set-to-pay-over-1768000-in-settlement-with-cftc/