CFTC accuses ZeroEx, Opyn, and Deridex of violating regulations by offering digital asset derivatives trading
ChainCatcher News, the U.S. Commodity Futures Trading Commission (CFTC) has brought charges against ZeroEx, Opyn, and Deridex. Deridex and Opyn are accused of failing to register as a Swap Execution Facility (SEF) or Designated Contract Market (DCM), failing to register as a Futures Commission Merchant (FCM), and failing to implement a customer identification program and comply with confidentiality law compliance programs. Additionally, ZeroEx, Opyn, and Deridex are also accused of illegally offering leveraged and margin retail trading of digital assets.The CFTC is seeking civil penalties of $250,000, $200,000, and $100,000 from Opyn, ZeroEx, and Deridex, respectively, and to cease violations of relevant regulations.
