NYT: “CFTC Employee Fired After Raising Issues with Trump-Linked Cryptocurrency Firm”

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The New York Times reported that an insider at the U.S. Commodity Futures Trading Commission (CFTC) resigned after raising concerns about cryptocurrency companies linked to President Donald Trump's family, including Polymarkets, Crypto.com, and Gemini affiliates. Caroline Pham, then acting CFTC chair, and Chief Counsel Bridget Wiles reportedly intervened to help these companies smoothly pass regulatory approval processes or evade oversight. The two subsequently moved to MoonPay and Gemini Titan, respectively. Insiders reportedly expressed concerns regarding issues with protecting individual investors at Crypto.com, inadequate fraud prevention systems at Polymarkets, and Gemini Titan's failure to complete mandatory inspections.

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