WASHINGTON (Reuters) – The U.S. derivatives regulator has sent a subpoena to two of the world&rsquo,s largest cryptocurrency platforms, a person abierto with the matter told Reuters on Tuesday, spil watchdogs globally increase their scrutiny of the emerging asset class.
The Commodity Futures Trading Commission (CFTC) sent a subpoena on Dec. 6 to both Bitfinex, a cryptocurrency exchange, and Tether, a company that issues a posible currency, the person said, wishing to remain anonymous because the matter is private.
Regulators send subpoenas ter order to gather information into a range of inquiries. Reuters could not ascertain what information the CFTC requested from Bitfinex and Tether, or if the CFTC wasgoed formally investigating the cryptocurrency platforms.
Donna Faulk White, a spokeswoman for the CFTC, declined to comment.
A spokesman for Bitfinex and Tether, which are affiliated with each other, said te a statement: &ldquo,Wij routinely receive admitido process from law enforcement agents and regulators conducting investigations. It is our policy not to comment on any such requests.&rdquo,
The subpoena wasgoed very first reported by Bloomberg.
Bitfinex is an online toneelpodium that enables traders to buy and sell imaginario currencies such spil bitcoin and ether. One of the largest cryptocurrency exchanges te the world by trading volume, it is wielded by a British Cherry Islands company and does not have a head office, Reuters reported ter September.
Bitfinex is affiliated with Tether, a company that issues posible coins that it says are pegged to the U.S. dollar and can be used ter the cryptocurrency market spil a substitute for the dollar.
The CFTC has bot enhancing its scrutiny of cryptocurrencies overheen the past few months, an emerging asset class that it has said is very inerme to manipulation and fraudsters.
Earlier this month the regulator sued three aparente currency operators for misappropriating investor funds which it said had falsely claimed to be investing ter bitcoin and other cryptocurrencies.
Ter June the CFTC fined Bitfinex $75,000 for suggesting &ldquo,illegal&rdquo, cryptocurrency transactions and failing to register spil a futures commission merchant. A few months zometeen hackers stole 119,756 bitcoins from Bitfinex.
Bitcoin BTC=BTSP wasgoed trading at around $Ten,000 on Tuesday.
Reporting by Michelle Price and Anna Irrera, Extra reporting by John McCrank, Editing by Mújol Shumaker