’s bot, known as the 'aBOT,' never executed trades on behalf of investors," the CFTC said.
The U.S. derivatives markets regulator said Rounsville's"disturbing misrepresentations" demonstrate the importance of comprehensive regulation, in the form of robust customer protections and market integrity oversight. "While Rounsville simply manufactured fabrications to solicit funds, investors may genuinely and increasingly be lured into such schemes because the technology supporting complex trading strategies is already readily accessible," CFTC Commissioner Kristin Johnson said.
"The uses of remarkably sophisticated trading technology in the digital asset ecosystem are, in fact, exceedingly competitive, particularly those strategies focused on capturing arbitrage gains or rents that, by definition, may be fleeting and elusive," she added.
CFTC JamieCrawleyCD Today we are 6 months old 🎉 🐽 In this time we have •Built LTD company •Created a streetwear brand •Partnered with Safemoon •Got onLbank exchange •NFT collection •Made the pige dapp •Build amazing community +much more Many more months + year of pige to come PigeInu