✨ CFTC Pays Well for Information
posted 1 Nov 2023
In 2023, the U.S. Commodity Futures Trading Commission (CFTC) generously rewarded informants, primarily for tips related to cryptocurrency, with a whopping $16 million.
These informants played a pivotal role in assisting law enforcement agencies in successfully taking action against wrongdoers. Interestingly, it's worth noting that only two informants collectively received a staggering $15 million.
Since 2014, this program has disbursed nearly $350 million in rewards, leading to sanctions amounting to over $3 billion. This underscores the significant contribution of informants in uncovering and preventing cryptocurrency-related fraud.
These informants played a pivotal role in assisting law enforcement agencies in successfully taking action against wrongdoers. Interestingly, it's worth noting that only two informants collectively received a staggering $15 million.
Since 2014, this program has disbursed nearly $350 million in rewards, leading to sanctions amounting to over $3 billion. This underscores the significant contribution of informants in uncovering and preventing cryptocurrency-related fraud.
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