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CFTC Chair Michael Selig Says U.S. Must Prevent Another FTX Collapse

On The All-In Podcast, Michael Selig of the CFTC (U.S. derivatives regulator) said the United States must guard against market manipulation and fraud to avoid a repeat of FTX.

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Terms & Concepts
  • CFTC: The Commodity Futures Trading Commission, the U.S. regulator that oversees derivatives markets and can play a key role in crypto enforcement.
  • FTX: A collapsed cryptocurrency exchange whose failure became a major example of governance, custody, and fraud risks in digital asset markets.
  • Market manipulation: Conduct that distorts fair market prices or trading activity, often a core concern for regulators overseeing crypto markets.