PANews|2月 11, 2026 05:31
[CFTC Disbands Its 'Top Enforcement' Team Amid Expansion of Crypto and Prediction Market Oversight]
According to Decrypt, the enforcement team at the Chicago office of the U.S. Commodity Futures Trading Commission (CFTC) has entirely resigned. This office was once regarded as the agency's 'top enforcement force,' previously staffed with 20 enforcement attorneys, but now none remain. The staff reduction comes as the CFTC seeks to significantly expand its regulatory scope to include cryptocurrency and prediction markets.
The report noted that the same leadership team responsible for last year's CFTC downsizing had actively advocated for extending the agency's jurisdiction to cover most cryptocurrency markets and sports prediction platforms. Caroline Pham, who served as the acting chair of the CFTC in 2025, spearheaded a reduction of over 21% of the agency's workforce last year. She is now employed at the crypto company MoonPay.
Former CFTC enforcement attorneys stated that the layoffs were targeted, as the Chicago office had specialized expertise and played a critical role in securing multi-billion-dollar settlements with crypto companies such as FTX and Binance.
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