FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator.
Source: Coindesk
Original Post: FalconX Settles With CFTC for .8M Over Failure to Register as Futures Commission Merchant