CFTC announces lawsuit against Voyager Digital and former CEO

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America Commodity Futures Buying and selling Fee (CFTC) has filed a grievance 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 Courtroom for the Southern District of New York towards Ehrlich and Voyager for alleged fraud and “registration failures” related to the platform and its “unregistered commodity pool.” The fee stated 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 ‘protected haven’ to earn high-yield returns to induce prospects to buy and retailer digital asset commodities,” stated the CFTC.

This can be a growing story, and additional info will likely be added because it turns into out there.