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  4. US FTC Investigates Crypto Firms for Some Alleged Misconduct
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US FTC Investigates Crypto Firms for Some Alleged Misconduct

FTC investigates some crypto firms alleged of some possible misconduct.The spokesperson was reluctant to reveal the names of the firms or the reasons for the action.The agency...
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US FTC Investigates Crypto Firms for Some Alleged Misconduct US FTC Investigates Crypto Firms for Some Alleged Misconduct

  • FTC investigates some crypto firms alleged of some possible misconduct.
  • The spokesperson was reluctant to reveal the names of the firms or the reasons for the action.
  • The agency also denounced that the cause is not the misleading advertisements of the firm as reported earlier.

Reportedly, the US Federal Trade Commission (FTC), designated to investigate allegations of fraudulent demeanor declared on Monday that some undisclosed cryptocurrency firms are under the agency’s surveillance for some “possible misconduct”.

Though the agency announced its decision to probe into the activities of the firms, the Federal Trade Commission Spokesperson was reluctant to reveal the name of the firms or the cause of the inquiry.

The spokesperson for FTC said:

While we can’t comment on current events in the crypto markets or the details of any ongoing investigations, we are investigating several firms for possible misconduct concerning digital assets,

Earlier this day, it had been reported that the firms were alleged for their misleading advertisements. The report claimed that Juliana Gruenwald Henderson, the FTC spokesperson stated that the cause of the investigation is some “possible misconduct concerning digi ...

The post US FTC Investigates Crypto Firms for Some Alleged Misconduct appeared first on Coin Edition.

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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USD/JPY

157.91

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AUD/USD

0.6469

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USD/CAD

1.3780

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EUR/JPY

168.32

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EUR/CHF

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81.14

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85.62

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Euro Stoxx 50

4,920.55

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S&P 500

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DAX

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FTSE 100

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17,763.03

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1,973.05

-42.98 (-2.13%)

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10,854.40

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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