CFTC Defines BTC, ETH and USDC as Commodities in Latest Crypto F

Former Deutsche Bank investment banker Rashawn Russell has been charged by U.S. prosecutors with engaging in crypto fraud, falsely promising high returns to investors and using investors’ funds for gambling or maintaining a Ponzi scheme.
According to relevant documents, CFTC defined BTC, ETH and USDC as commodities in this case.
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