The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Kucoin, alleging illegal off-exchange commodity transactions. In the lawsuit, the CFTC has identified Ethereum (ETH) and Litecoin (LTC) alongside Bitcoin as commodities traded illegally. This action reinforces the CFTC's stance that Ethereum and Litecoin are commodities.
Statement of @CFTCpham Regarding KuCoin Complaint: https://t.co/rQjB0Xjxe0
CFTC Takes Legal Action Against Kucoin, Highlights #BTC, #ETH, and #LTC as Commodities https://t.co/fc3AtPC4p5
In the CFTC’s complaint against @kucoincom, the regulator says that the exchange allowed investors to trade commodities including bitcoin, ether and litecoin. https://t.co/hqBWu4cjbn https://t.co/rdrRPQDKyh
CFTC calls Ethereum $ETH a commodity. Gary isn't going to be happy. https://t.co/5G4Kn1CrKa
JUST IN: 🇺🇸 CFTC says Ethereum and Litecoin are commodities in Kucoin lawsuit. Rival US regulator SEC says they are securities. https://t.co/DcIPSEsXQd
CFTC reiterates ether is commodity in complaint against Kucoin https://t.co/Oo25bNQxIE
🚨 BREAKING: CFTC says Ethereum is a commodity in Kucoin lawsuit
🚨 BREAKING: CFTC labels Ethereum a commodity in Kucoin lawsuit
CFTC LAWSUIT LABELS ETHEREUM AND LITECOIN AS COMMODITIES - The CFTC filed a civil enforcement action against @kucoincom, alleging illegal off-exchange commodity transactions. - Ethereum $ETH and Litecoin $LTE were identified alongside Bitcoin as commodities traded illegally on… https://t.co/bptaNmSKoc https://t.co/PtQq2d65V0
#CFTC…$ETH is a commodity. https://t.co/soHFbmU0Uh
CFTC LAWSUIT LABELS ETHEREUM AND LITECOIN AS COMMODITIES - The CFTC filed a civil enforcement action against @kucoincom, alleging illegal off-exchange commodity transactions. - Ethereum $ETH and Litecoin $LITE were identified alongside Bitcoin as commodities traded illegally on… https://t.co/N9VmA32c8T https://t.co/PtQq2d65V0
In the Kucoin lawsuit, the CFTC has officially stated that $ETH is a commodity. I wonder what Gary has got to say about that...
CFTC says ether and litecoin are also commodities in Kucoin complaint, per the Block.