Dealer Settles SEC, CFTC Actions Over Bitcoin-Funded Swaps

Dealer Settles SEC, CFTC Actions Over Bitcoin-Funded Swaps – Law360

Law360 (October 31, 2019, 5:48 PM EDT) — A Switzerland-based securities dealer agreed to shell out over $230,000 to settle federal regulators’ claims that it sold unregistered security-based swaps to U.S. investors in return for bitcoin, according to two parallel actions filed Thursday. XBT Corp.