The Commodity Futures Trading Commission charged Voyager co-founder Stephen Ehrlich with fraud and failing to register with the agency.
The Commodity Futures Trading Commission charged Voyager Digital co-founder Stephen Ehrlich with fraud and for failing to register with the agency.
From February 2022 to July 2022, Ehrlich and Voyager "engaged in a scheme to defraud customers by misrepresenting the safety and financial health of the Voyager digital asset platform," the agency said. Ehrlich has not agreed to a settlement with the FTC, so that case against him will go forward in federal court. He did not immediately respond to a request for comment. The CFTC action comes a week after Bloomberg News reported that investigators at the agency had concluded that Ehrlich broke rules ahead of the crypto lender's bankruptcy last week.
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