{"id":4358,"date":"2021-03-23T09:18:22","date_gmt":"2021-03-23T09:18:22","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4358"},"modified":"2021-03-23T09:50:18","modified_gmt":"2021-03-23T09:50:18","slug":"cryptocurrency-report-coinbases-and-cftc-tassle","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/cryptocurrency-report-coinbases-and-cftc-tassle\/","title":{"rendered":"Cryptocurrency report: Coinbase\u2019s and CFTC tussle"},"content":{"rendered":"

Cryptocurrency trading exchange Coinbase settled with CFTC (Commodity Futures Trading Commission) after the latter accused the platform of engaging in self-trading of different cryptocurrency assets. According to the accusation, this platform self-traded cryptocurrencies between 2015 and 2018 through the platform’s automated trading plans.<\/p>\n

\"Back<\/a> <\/p>\n

These plans or programs can forecast how much of a particular cryptocurrency would sell on the exchange\u2019s app. Then this plan can be used to purchase that cryptocurrency through another system, called GDAX (or Coinbase Pro).
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\"\"<\/a><\/p>\n

Another accusation says that an ex-employee performed some wash trading of some Litecoins too. Self-trading occurs when one participant participates in the same trade. The platform is not accused of harming or scamming its consumers, according to reports.
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\"cloudways\"<\/a><\/p>\n

This investigation was launched by CFTC, to investigate one of the exchange\u2019s ex-employees. The findings stated that there are no security issues associated with trading on this platform. CFTC commissioner Dawn Stump agreed to the findings, and Coinbase agreed to come to a settlement and agreed to put this tussle behind and move forward.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency trading exchange Coinbase settled with CFTC (Commodity Futures Trading Commission) after the latter accused the platform of engaging in self-trading of different cryptocurrency assets. According to the accusation, this platform self-traded cryptocurrencies between 2015 and 2018 through the platform’s automated trading plans.   These plans or programs can forecast how much of a particular …<\/p>\n","protected":false},"author":1,"featured_media":4357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[15],"tags":[137,138,170,247,248,249,139,134,140,136],"aioseo_notices":[],"yoast_head":"\nCryptocurrency report: Coinbase\u2019s and CFTC tassle<\/title>\n<meta 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