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Crypto derivatives trading prompts CFTC action on illegal offerings

Image of several cryptocurrency coins with green light radiating out of them.
Photo by Jack Taylor/Getty Images

Julie DiMauro

2 min read
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Opyn, ZeroEx and Derodex fined for illegally offering derivatives trading in cryptocurrency.

Three decentralized finance (DeFi) companies agreed to settle charges filed by the US Commodity Futures Trading Commission (CFTC) that they illegally offered derivatives trading in cryptocurrency, the regulator said last Thursday. 

The CFTC said the companies, Opyn, ZeroEx, Deridex, illegally offered leveraged and margined retail commodities transactions in cryptocurrency.

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