The US Commodity Futures Buying and selling Fee (CFTC) has filed a criticism towards Stephen Ehrlich, the previous CEO of crypto lending agency Voyager Digital.
In an Oct. 12 announcement, the CFTC said it had filed a lawsuit within the U.S. District Court docket for the Southern District of New York towards Ehrlich and Voyager for alleged fraud and “registration failures” linked to the platform and its “unregistered commodity pool.” The fee mentioned it deliberate to hunt restitution, disgorgement, civil financial penalties, and everlasting buying and selling and registration bans.
“Ehrlich and Voyager falsely touted the Voyager platform as a ‘secure haven’ to earn high-yield returns to induce clients to buy and retailer digital asset commodities,” mentioned the CFTC.
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