DislikedLooking into the regulator in US what kind of cases they actually won in history against individuals and such using GPT4. In the case of McDonnell, the CFT.C won a trial against a virtual currency fraudster who misappropriated customer funds. The CFT.C charged Binance and its founder, Changpeng Zhao, with violating C.FTC rules. The enforcement action against Binance demonstrates that the CFT.C will use all of its authority to find and stop misconduct in the digital asset market 1. The .CFT.C ordered 11 financial institutions to pay over $710 million...Ignored
I dont see how someone can misappropriate customer funds, if the funds technically do not belong to the customer after purchase. There are sooooooooooo many variables here I think the CFTC doesnt even know them. If they use misappropriation it will need to be of company funds far lesser charge than customer funds but still annoying.