
AiCoin|Sep 16, 2025 00:20
[U.S. CFTC Orders Former Voyager CEO to Pay $750,000 in Compensation to Defrauded Customers]
The U.S. Commodity Futures Trading Commission (CFTC) announced that Stephen Ehrlich, co-founder and former CEO of the bankrupt crypto lending platform Voyager Digital Ltd., must pay $750,000 in compensation to defrauded customers and is prohibited from participating in commodity trading for the next three years. This ruling has been approved by a federal court in New York, with Ehrlich neither admitting nor denying the related allegations. CFTC Acting Director Charles Marvine emphasized that this settlement reflects the agency's core mission to protect investors in the digital asset space. In October 2023, the CFTC accused Ehrlich and Voyager of fraud, misleading customers by claiming the platform was a "safe harbor" while lending customer assets to high-risk third parties. Ehrlich had previously reached a settlement regarding false representation charges brought by the Federal Trade Commission (FTC).
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