LIVEU.S. regulators are currently considering taking enforcement action against Stephen Ehrlich, the former CEO of the bankrupt crypto lender Voyager, Bloomberg reported citing sources familiar to the matter.
The U.S. Commodity Futures Trading Commission's (CFTC) Enforcement Division has internally recommended charging Stephen Ehrlich following an investigation into Voyager's actions.
Voyager resumed withdrawals in June this year.
CFTC Alleges Ehrlich Misled Cutomers
The regulatory agency alleges that Ehrlich violated CFTC rules by misleading customers regarding the security of their assets.
The CFTC is considering seeking fines and other non-criminal penalties in response to alleged misconduct.
However, npt all CFTC investigations result in enforcement actions.