US Commodities Regulator Pays $16 Million to Whistleblowers, Majority of Tips Involve Crypto

The US Commodity Futures Trading Commission (CFTC) has paid out $16m to whistleblowers this year, with the majority of tips relating to cryptocurrency. CFTC commissioner Christy Goldsmith Romero said that crypto continues to have "pervasive fraud and other illegality". Two whistleblowers received $15m for information that led to successful enforcement cases, but the regulator did not reveal the nature of those cases. Since the programme began in 2014, the CFTC has paid out almost $350m, leading to over $3bn in enforcement sanctions ordered in cases tipped off by whistleblowers.