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CFTC declares Ether as a commodity again in court filing

Published Dec 13, 2022 09:53PM ET Updated Dec 13, 2022 11:40PM ET
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The Commodity Futures Trading Commission (CFTC) has again labeled Ether (ETH) as a commodity in a Dec. 13 court filing — in contrast to statements from chief Rostin Behnam on Nov. 30 suggesting that Bitcoin was the sole cryptocurrency that should be viewed as a commodity.

In its lawsuit against Sam Bankman-Fried, FTX, and sister company Alameda Research, the regulator on multiple occasions referred to Ether, Bitcoin (BTC) and Tether (USDT) "among others" as "commodities" under United States law.

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CFTC declares Ether as a commodity again in court filing
 

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Comments (1)
Benedykt Kotertzky
Benedykt Kotertzky Dec 22, 2022 5:18PM ET
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ETH   gonna  overtake  BTC  ,   Ethereum Alliance  got an  smart  idea how to make it  true
 
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